Crypto
Verona Unveils verUSD Stablecoin with $100M Institutional Backing
Verona has launched its USD-backed stablecoin verUSD with over $100 million in institutional commitments. The launch was announced during Korea Blockchain Week in Seoul on September 28, 2026.
The token debuts natively across seven blockchains: Ethereum, Polygon, Avalanche, Optimism, Arbitrum, Celo, and Solana. Verona plans to expand to additional chains.
Unlike many stablecoin launches, verUSD enters the market with over $60 million in already-signed, contracted payment volume from existing customers migrating their flows from USDC.