Zug, Switzerland, November 11, 2024, Chainwire – Proven Technology at Scale Improves Security, Privacy, Compliance and Incentives for Global Digital Finance Virtual Assets Lab, AG (VAL.com) is excited to announce the launch of its state-of-the-art stablecoin and wallet management platform. Designed to promote digital finance, this platform provides secure, compliant and customizable solutions for users, blockchain networks, exchanges, institutions and governments

Virtual Assets Lab’s technology has already been proven at scale, with over $100 billion in managed transactions and over one million mobile app installs in over 180 countries, achieving an average rating of over 4.5.

Introducing “1Coins”

Symbolically launched on 11/11, Virtual Assets Lab (VAL.com) is excited to debut our flagship line of stablecoins, “1Currencies” – a comprehensive suite of G10 coins starting at $1. With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security while offering cutting-edge features and attractive economics.

“Our vision with 1Currencies is to bring compliance, security, transparency and the shared economy to stablecoins, starting with the world’s most used currency,” said Bill Wolf, co-founder of the Virtual Assets Lab and former managing director at Goldman Sachs. HSBC and Credit Suisse. “1USD is just the beginning – every coin in the 1Currencies suite will provide users with a better economy and seamless interoperability across the financial landscape.”

1USD will reach centralized global exchanges in 2025.

Introducing “VAL Mobile App”

With the new VAL app, users get a simplified way to create and manage wallets, access stablecoins, and establish Self-Sovereign IDs (SSIs) backed by verified credentials, enhancing security and privacy. The app supports interaction with decentralized applications (dApps), exclusive market offers and provides free hack monitoring for user assurance. Designed to bring Web3 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance.

Key benefits of Virtual Assets Lab

• Proven at scale: Virtual Assets Lab’s stablecoin management system has successfully managed over $100 billion in transactions, and the VAL mobile app has achieved over a million installs from users in over 180 countries, with an average rating of 4, 5+.
• Flexible shared economy pricing: Virtual Assets Lab offers flexible pricing models, lower startup costs and yield sharing options, making VAL an ideal partner for Tier 1 blockchain networks and exchanges looking for cost-effective stablecoin solutions.
• Support for G10 coins: The Virtual Assets Lab platform supports multiple fiat currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK and NOK, facilitating global adoption and accessibility.
• Chain-agnostic and exchange-neutral design: Virtual Assets Lab’s stablecoins are compatible with various blockchain networks and exchanges, providing flexibility and promoting financial inclusion.
• Highly customizable and easy to integrate: Virtual Assets Lab’s state-of-the-art platform is highly customizable, easy to integrate, and offers robust support services, enabling more efficient integration and ongoing management.

Virtual Assets Lab’s Trust Layer

• Compliant and licensed: Virtual Assets Lab is licensed and registered in various jurisdictions including; VQF (Switzerland), EMI* (Europe), VASP (Europe) and AUSTRAC (Australia).
• Security and privacy first: Virtual Assets Lab’s stablecoin platform is partnered with trusted custodians and uses secure back-end transferability and high security. Virtual Assets Lab’s mobile app wallet technology is SOC II compliant and uses Self-Sovereign Identity (SSI) and reusable Verified Credentials (VC) for enhanced security and privacy.
• Transparent: Virtual Assets Lab provides full transparency by publishing real-time third-party attestations that legally attest the balances held that support “1USD” crossed with “1USD” balances on the chain.

About Virtual Assets Lab (VAL.com)

Virtual Asset Lab (VAL.com) is a digital financial infrastructure provider specializing in stablecoin management and wallet solutions. With a team of seasoned professionals with experience in web3 and crypto projects, a leader in consumer and enterprise technology, finance and compliance, VAL is dedicated to supporting the global transition to digital finance.

For media inquiries:

Virtual Assets Lab Team / [email protected]