U.S.-based Verona (formerly XION) has launched verUSD, a dollar-denominated stablecoin designed to support payments made by artificial intelligence agents and transactions involving verified data. The company said the launch comes with more than $100 million in combined revenue and capital commitments from investors and ecosystem partners.
The stablecoin is being issued through Brale and is intended to provide a dedicated settlement asset for transactions conducted across Verona’s infrastructure. Participants supporting the launch include Animoca Ventures, Figment Capital, Sfermion, Pentos, Ero and Arkstream, among other ecosystem partners.
Verona has designed verUSD as the settlement currency for AI-agent payments and verified-data transactions, connecting data verification and payment activity through the same network infrastructure.
The token is initially available natively on seven blockchain networks: Ethereum, Polygon, Avalanche, Optimism, Arbitrum, Celo and Solana. Verona said additional blockchain integrations are expected to follow in the weeks after launch.
Stablecoin backed by U.S. dollar reserves
Verona said verUSD is backed on a one-to-one basis by U.S. dollar reserves held with regulated financial institutions in the United States. The company describes the token as fully reserved and allows holders to redeem verUSD through Verona.
The structure is intended to provide a stable payment instrument for transactions rather than an asset designed primarily for speculative trading. AI agents operating within Verona’s ecosystem can use the token to settle payments associated with verified information and other network services.
The company’s approach also seeks to address a growing requirement for machine-to-machine payments. As AI agents become capable of independently requesting data, services and other resources, payment infrastructure needs to support transactions that can occur with limited direct human intervention.
More than $60 million in contracted revenue
Verona said the more than $100 million in launch commitments consists of two separate components: contracted revenue and capital commitments.
More than $60 million represents signed and committed revenue that is expected to flow through verUSD as payments. Verona distinguishes this amount from a market forecast, describing it instead as contracted transaction volume. The remaining commitments consist of capital provided or committed by ecosystem partners.
The company said this structure differs from the traditional stablecoin model, in which a token is launched before its issuer attempts to develop a user base and transaction demand.
Verona has used USDC to settle payments across projects operating on its infrastructure for about four years. The company expects existing participants to be able to transition to verUSD relatively quickly, allowing the new stablecoin to begin with established transaction flows.
Animoca Ventures and other ecosystem participants have emphasized the connection between verUSD and existing network activity. Burnt Labs, another participant, indicated that users would not necessarily need to hold the token directly because it is intended to function primarily as an underlying payment layer.
AI agents rely on verified real-world data
Verona’s broader infrastructure focuses on verifying data at its source while preserving privacy. The company says this allows AI agents to access sensitive real-world information needed to perform tasks without requiring all underlying data to be exposed publicly.
Verona said its technology supports applications involving more than 115 brands, including Uber, Amazon, Nike and BMW. The company also reported more than 70 million verified interactions involving more than five million users.
By introducing its own settlement asset, Verona can use verUSD for payments within the same infrastructure that verifies data, reducing its reliance on an external stablecoin for network transactions.
This integration could become increasingly relevant as AI agents take on more autonomous functions. Agents that can verify information and initiate transactions may require payment systems capable of handling small or frequent machine-driven transactions without requiring a human to authorize every step.
Blockchain expansion planned
The initial seven-chain deployment gives Verona access to several major blockchain ecosystems and provides users with multiple settlement environments. Further integrations could expand the potential reach of verUSD and allow additional applications to connect to the network.
The launch nevertheless remains dependent on the adoption of Verona’s infrastructure and the conversion of existing payment activity into verUSD transactions.
The company’s strategy is to combine verified data, AI-agent activity and a dedicated dollar-backed settlement asset, creating an integrated payment layer rather than introducing a stablecoin without established network demand.
If the committed transaction volume materializes, verUSD could provide Verona with a significant base of activity from its existing ecosystem while giving AI applications a dedicated mechanism for settling data and service payments.