We are pleased to announce a major milestone for the VRC-10 Bitcurrency protocol.

As of now, the total amount of BTG collateral locked on-chain for minting the constant currency USD has reached 1,870,701.5 BTG. USD is the native currency issued under the VRC-10 protocol within the Openverse ecosystem.

VRC-10 Bitcurrency adopts a decentralized collateral-based minting model. Users can mint USD by staking BTG, with all minting activities executed entirely on-chain in a transparent, permissionless, and verifiable manner. This design ensures that every unit of USD is backed by real on-chain value, reinforcing the stability, credibility, and long-term sustainability of the Openverse financial system.

The continuous growth in BTG collateralization reflects the community’s strong confidence in:

• The security and robustness of the VRC-10 protocol

• The economic architecture of Bitcurrency as a decentralized stable asset

• Openverse’s long-term vision of building an open, trust-minimized financial infrastructure

Looking ahead, Openverse will continue to enhance protocol efficiency, risk management mechanisms, and on-chain transparency, while empowering developers and users to collectively advance a truly decentralized financial ecosystem.

To learn more about minting VRC-10 Bitcurrency, please visit:
👉 https://dashboard.openswap.me/