- VeChain will end its support for the Glo Dollar stablecoin USDGLO from January 1, 2026.
- The blockchain platform will instead transition to USDC, powered by Wanchain.
The strategic step underlines the change in the VeChain system in dealing with stablecoins. It also highlights the growing demand for widely accepted cryptocurrencies like WANUSDC.
VeChain breaks away from USDGLO – supports USDC
In a recently published X-Post VeChain blockchain officially announced its decision to end cooperation with Glo Dollar. With this move, the platform will stop supporting Glo Dollar’s USDGLO, the cryptocurrency that became VeChain’s first stablecoin. According to the announcement, USDGLO will no longer be available on VeChain starting January 1, 2026. The team noted on their X-post,
“VeFam – an important announcement: USDGLO will no longer be available on VeChain. Instead, we will move to USDC powered by the Wanchain ecosystem.”
As a result, VeChain will expand its connections with the Wanchain platform and support its WANUSDC token. The two platforms were already working together, with the Wanchain Bridge improving VeChain’s cross-chain interoperability.
In early March, VeChain announced its collaboration with Glo Dollar, with the latter enhancing Glo Dollar’s DeFi capabilities. Users were able to transact in the USDGLO stablecoin, reducing volatility. This integration attracted more users and businesses to the VeChain ecosystem as operations became simpler.
VeChain and Glo Dollar advise customers to exchange USDGLO
As VeChain ends its support for Glo Dollars USDGLO, both platforms are encouraging stablecoin holders to exchange their tokens for Wanchain USDC. Noted in an official thread on X, Glo Dollar,
“VeChain has decided to no longer support our efforts and therefore we must focus our resources on ecosystems that do so. To remain sustainable, we must focus our resources on ecosystems that actively support Glo Dollar’s mission. There is now a strong alternative on VeChain thanks to VeChain Wanchain that enables frictionless swaps in Wanchain USDC.”
According to their statement, Betterswap, VeChainThor’s first decentralized exchange, will allow users to swap USDGLO for Wanchain USDC by the end of 2025. The platform also allows holders to exchange the stablecoin for VET. Especially for US organizations, USDGLO can be exchanged for USDC on any chain via Brale or other OTC partners.
It has now been confirmed that Glo Dollar will no longer be active on VeBetterDAO and VeChain from January 1, 2026:
“Liquidity can still be withdrawn via BetterSwap. All previously earned rewards will continue to be paid out and distributed to historical LPs and stakers.”
This means that users who previously provided liquidity can still withdraw their funds via BetterSwap. VeBetterDAO will reportedly distribute rewards earned before the deactivation to previous liquidity providers and stakers based on their historical activity.
Despite terminating its association with Vechain, Glo Dollar intends to expand its reach:
“Our mission continues. We continue to build a digital dollar that supports public goods and makes the world better for everyone.”
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