USDV and DIA have partnered to introduce USDV price oracles to the Telos network, with the Telos Bridge set to integrate these oracles upon its launch.

USDV, renowned for its transparency, provides on-chain supplies and real-world updates on off-chain balances. It operates on the Omnichain Fungible Token (OFT) standard, ensuring seamless operations across multiple blockchains without the need for wrapped versions. Additionally, USDV is backed by top-level tokenized real-world assets (RWAs) to ensure reliability and safety for users.

Due to USDV's omnichain nature, DIA has developed a customized price feed to accurately determine asset prices in the real world by aggregating trade data across Ethereum, Arbitrum, and the BNB Chain.

All trades with liquidity of $1M or more from DEX pools on Ethereum, Arbitrum, and BSC will be included in the feed, ensuring data source resilience against market price fluctuations.

The feed will include a 5% guardian to protect against outsiders. If the price difference between pools and external sources exceeds 5%, the oracle will not release updates.

Matthew Commons, President of the Verified USD Foundation, stated that USDV's omnichain functionality is complemented by DIA's custom price feed, ensuring precise USDV price visibility across various blockchains, including BNB Chain, Ethereum, and Arbitrum. This collaboration is a significant growth catalyst for USDV, enabling access to additional DeFi opportunities beyond the Telos ecosystem.

USDV is a community-based native omnichain stablecoin managed by the Verified USD Foundation, aiming to foster a stablecoin ecosystem that fairly distributes benefits and value among its contributor community.