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Ser Jeff Garzik, industry influencer, presents a new three-part architecture featuring two instruments, VUSD and sVUSD. VUSD acts as a redemption instrument, described as over-collateralized, omnichain, and supported by onchain proof of reserves, serving as a cash-equivalent on the balance sheet.
Meanwhile, sVUSD is positioned as an optional yield-generating instrument, managed by the Agentic Yield Engine with human review. Both instruments are designed to operate within an onchain ecosystem emphasizing transparency and security.
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Other industry participants have focused on product adaptation and reserve management in DeFi. Flynnjamm previously noted the push for crypto DeFi projects to adapt to real world product-market fit. Separately, ShrimpyApp reported that stablecoin issuers have become significant holders of U.S. Treasuries, with resulting reserves yielding up to $15 billion annually for issuers rather than users, according to recent analysis.