---
title: "VersaBank Real Bank Deposit Token USD (USDVB) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usdvb-versabank/"
description: "Build-time stablecoin profile for VersaBank Real Bank Deposit Token USD (USDVB)."
dateModified: "2026-10-02"
---



# VersaBank Real Bank Deposit Token USD (USDVB)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

VersaBank USA announced an internal USDVB pilot on August 26, 2025, with limited designated external partner and client testing planned. Each USDVB represents one U.S. dollar deposited with the bank, with issuance and redemption through VersaVault. This exposes holders to a bank deposit rather than a separately segregated stablecoin reserve trust. The September 2026 filing still seeks regulatory confirmation of deposit-insurance eligibility and the ability to pay interest. Commercial launch, ordinary external-holder rights and official deployments must be established before active admission.

## Collateral

Pre-launch bank deposit token: one USDVB represents US$1 on deposit with VersaBank USA National Association. This is exposure to a bank deposit and its balance sheet, not a separately segregated 100%-cash reserve trust. Federal deposit-insurance eligibility remains subject to regulatory confirmation.

## Peg Mechanism

The pilot issues one USDVB per US$1 deposited with VersaBank USA, with issuance and redemption through VersaVault and access/control through VersaView on planned Algorand, Ethereum and Stellar deployments. Ordinary external-holder transfer and redemption rights, minimums, fees, timing and capacity are unpublished.

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | N/A | N/A |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.