Blog

Announcing support for VeChain

2 min read
Chase Merlin | Brale
Ben Milne | Brale
Cody Lambert | Brale
Michael McAllister | Brale
Announcing support for VeChain | Brale Blog

We're excited to announce that we've added support for VeChain. Businesses can now mint and redeem Glo Dollar, and issue regulated stablecoins on VeChain.

Businesses like Glo Foundation are utilizing Brale's regulated issuance stack to issue and manage stablecoins on VeChain, with integrated on and off-ramps, transparency, and treasury management. Glo Dollar will support the growth of the DeFi ecosystem on VeChain, as a key primitive for store of value, payments, lending, and interoperability with other leading blockchains.

Why VeChain?

VeChain is an enterprise-grade Layer 1 blockchain built to enhance supply chain transparency, streamline operations, and enable real-world blockchain adoption.

Low transaction fees

VeChain's architecture ensures low transaction fees and fast processing, making it a great choice for payments and enterprise applications.

Sustainability

As a carbon-neutral blockchain, VeChain supports eco-friendly digital infrastructure, aligning with global ESG goals.

Enterprise features

VeChain provides built-in tools, such as fee delegation and multi-party payment, which reduce barriers for businesses and simplify blockchain adoption.

Mint Glo Dollar on VeChain

Brale Business Accounts now support $0 fee onramps and offramps for Glo Dollar on VeChain. Accounts also support zero slippage swaps between Glo Dollar, USDC, Paxos-issued, and Brale-issued stablecoins on 15 blockchains.

Minting Glo Dollar (USDGLO) on VeChain using the Brale Stablecoin Issuance Platform

Glo Dollar is compatible with VeChain-native wallets and integrated dApps, enhancing its accessibility and utility across the network.

Brale + Glo Dollar + VeChain

We're excited to work alongside Glo Foundation and VeChain Foundation to support the growth of the VeChain ecosystem.

To learn more about issuing stablecoins on emerging blockchains, reach out to our team.

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Contributors

  • Chase Merlin | Brale
    Chase Merlin
    Sr Product Manager
  • Ben Milne | Brale
    Ben Milne
    CEO
  • Cody Lambert | Brale
    Cody Lambert
    Software Engineer
  • Michael McAllister | Brale
    Michael McAllister
    Alumnus