Verona, Formerly XION, Launches verUSD Stablecoin for AI Agent Payments With $100M in Commitments
- —More than $100 million in commitments, including over $60 million in contracted payment volume
- —verUSD launches on seven chains: Ethereum, Polygon, Avalanche, Optimism, Arbitrum, Celo and Solana
- —Issued through Brale, a FinCEN-registered MSB, with 1:1 dollar reserves at US institutions
- —Verona claims 70 million verified interactions across 5 million users
Why it matters: The stablecoin market tops $300 billion, making Verona's $100 million roughly 0.03% of it, and the AI-agent niche already has XO Cash and MainUSD.
Source: BlockchainReporter