What are VEUR and VCHF?
VNX is a licensed European non-USD stablecoins generator with a unique product offer in the form of fully transferable Swiss Franc and MICA-ready gold tokens, which is revolutionising the payment infrastructure for cross-border, p2p transfers and micropayments by integrating with traditional financial institutions and building a solid liquidity layer across different blockchains and dApps. Registered under the Liechtenstein Financial Market Authority (FMA), VNX is transparent, compliant, and enjoys secure backing for its tokens. Among the products offered by VNX are the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) stablecoins, pegged to two of the most important European fiat currencies.
The Tokens: VEUR and VCHF
VNX Euro (VEUR)
VEUR is a stablecoin pegged 1:1 to the Euro. It provides users with a reliable, regulated digital asset that reflects the value of one of the world's most stable fiat currencies. This token is designed for those who want to avoid the volatility of other cryptocurrencies while enjoying the advantages of blockchain technology.
VNX Swiss Franc (VCHF)
VCHF is the first regulated Swiss Franc stablecoin. Like VEUR, VCHF is pegged 1:1 to its corresponding fiat currency, making it a reliable and secure store of value. It provides an option for users to hold or transact in Swiss Francs within the crypto ecosystem.
Both VEUR and VCHF cater specifically to European and other users who are seeking alternatives to USD-dominated stablecoins. These tokens help avoid foreign exchange fees and provide seamless transactions in familiar currencies.
Tokenomics
- Market Cap (Combined for VNX assets): ≈ $10.4M
- Transaction Volume: > $126M
- Token Holders: > 1.3K
- Number of Transactions: > 1.2M
VEUR and VCHF are already traded on some of the top crypto exchanges, including Bitstamp, and are integrated into the systems of major institutions like Sygnum Bank. These integrations increase the accessibility and utility of VNX stablecoins, making them ideal for institutional clients and high-net-worth individuals.
Key Features of VNX Tokens
- Regulatory Compliance - VNX is a regulated platform, holding six licenses from the Liechtenstein Financial Market Authority (FMA), ensuring strict oversight and transparency for its stablecoins.
- Full Reserve Backing - VEUR and VCHF are fully backed 1:1 by reserves in corresponding fiat currencies, held securely in banks in Switzerland and Liechtenstein. This backing guarantees the stability and reliability of these stablecoins.
- DeFi Integration - VNX stablecoins are integrated with over 15 DeFi applications, ensuring liquidity and enabling users to participate in a range of decentralized finance activities.
- Seamless On/Off-Ramp - VNX offers a streamlined process for fiat-to-crypto and crypto-to-fiat conversions. Users can deposit and withdraw VEUR and VCHF via bank transfers, credit cards, and banking apps, providing a smooth user experience.
- Real-Time Transparency - VNX offers real-time data on reserves and conducts regular independent audits to maintain transparency and build trust among users.
A Bridge Between TradFi and Crypto
VNX’s unique position in the market is due to its focus on European stablecoins and its commitment to full regulatory compliance. This structure not only makes it a transparent player but also opens doors for collaboration with traditional financial institutions. Institutions such as Sygnum Bank already offer VEUR and VCHF to their clients, enhancing the exposure of these stablecoins in the broader financial world.
The regulated nature of VNX stablecoins, combined with their deep integration into DeFi and TradFi systems, allows them to play a pivotal role in cross-border payments, remittance services, and retail transfers.
Conclusion
VNX is at the forefront of merging traditional finance with the crypto world by offering regulated, asset-backed stablecoins like VEUR and VCHF. These tokens provide European users with reliable alternatives to USD-pegged stablecoins, offering stability, security, and convenience. Whether for payments, investments, or value preservation, VNX’s suite of products, positions the platform as a key player in the evolving DeFi and stablecoin landscape.
By listing VNX's regulated stablecoins, such as VEUR and VCHF, SwissBorg is further enhancing accessibility for our app users. These stablecoins provide a secure and compliant way to transact in familiar European currencies, helping users avoid foreign exchange fees and gain seamless access to both DeFi and TradFi ecosystems. This addition aligns with our mission to offer diverse, reliable assets, making the SwissBorg app a more comprehensive platform for building and preserving wealth in the crypto space.
