Verona Launches verUSD Stablecoin With More Than $100 Million Committed
The token launched across seven networks for AI-agent payments, with more than $60 million in signed, committed revenue expected to flow through verUSD.
Verona launched verUSD, a U.S. dollar-denominated stablecoin for payments between AI agents and other machine-driven systems, with more than $100 million in commitments from ecosystem investors and partners.
The Sept. 28 launch included commitments from Animoca Ventures, Figment Capital, Sfermion, Pentos, Ero and Arkstream. The figure combines capital and payment-related commitments and does not represent confirmed verUSD circulating supply.
Verona said more than $60 million in signed, committed revenue is expected to flow through verUSD as payments. The token launched natively on Ethereum, Polygon, Avalanche, Optimism, Arbitrum, Celo and Solana, with additional integrations planned in the following weeks.
The project is targeting machine-to-machine transactions, including purchases of data, computing resources and other services by AI agents. Verona said projects building on its infrastructure have used USDC to settle payments for four years.
verUSD is issued through Brale. Verona describes the token as backed 1:1 by U.S. dollar reserves held with regulated U.S. financial institutions, with redemption available through Verona.
Anthony Anzalone, CEO of Burnt Labs, said, “Our products are built to be invisible. We are not asking anyone to hold verUSD. We are powering the payment layer of the internet quietly, and if you use the internet, you will end up using it anyway.”
