Exciting VeChain Updates: Ambassador Program, VeUSD to GloUSD Swap, and BCG Partnerships to Drive VET Forward
$190 billion today, with $198 billion in trading volume in the past day alone.
However, any stablecoin that VeChain launches must serve unique needs to stand a chance against Tether’s USDT and Circle’s USDC, which have dominated the market for years. The two account for 86% of the market cap, and even global giants like PayPal have been unable to crack through the duopoly despite having a bigger worldwide brand.
The community member further claimed that the VeChain team has hired a marketing agency to push the brand. However, these pledges didn’t sit well with some of the other community members.
“Haven’t they said they were changing VTHO tokenomics with a VIP release since, like Feb,? What is the hold-up? Also, a marketing agency can be hired at the drop of a hat, there are thousands of them out there. Hell, if they hired me they could say they hired an agency,” one member posed.
VET trades at $0.02508, dipping slightly in the past day.
https://www.crypto-news-flash.com/exciting-vechain-updates-ambassador-program-veusd-to-glousd-swap-and-bcg-partnerships-to-drive-vet-forward/