Whitepaper
VETRA Whitepaper v1.0
A true currency: stability, transparency, and trust in the digital age, offering security and real value in every transaction.
Executive Overview
VETRA (VTR) is an institutional stablecoin backed 1:1 by U.S. dollars and deployed on the Polygon network. For each mint, the contract guarantees that total supply does not exceed the value of reserves. Reserves are updated via Chainlink Functions and recorded on-chain with an eight-decimal USD value, a timestamp, and a security identifier. The backing is provided by FT Asset Management KB, headquartered in Stockholm, with an initial commitment of USD 100,000,000.00 dedicated to the currency’s liquidity, credibility, and stability.