Vaulta, also called the EOS Network in the past, is joining hands with the popular VirgoCX to stabilize stablecoins once again. The venture will mainly look after stablecoin-based cross-border transactions.

It’s the first objective after their merger and the launch of a Web3 Banking OS.

Vaulta is an ecosystem that has been rebranded. The formerly EOS Network has joined hands with the Canada based crypto platform called VirgoCX. They are jointly launching VirgoPay. It would be a remittance network for all sorts of crypto transactions.

In their latest release, Crypto news confirms that the venture will mainly use Vault’s blockchain as a transaction and settlement platform. #Vaultra

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