The collaboration between VeChain and Glo Dollar will officially end on January 1, 2026. Glo Dollar, the group behind USDGLO stablecoin, confirmed it will discontinue all activity on the VeChain network after this date. This marks the end of a partnership that began in March 2025 with support from the VeChain Foundation.
The decision came after VeChain chose to stop backing the Glo Dollar initiative. According to Glo Dollar, continuing the integration without active support was no longer sustainable. The team pointed to limited adoption and resource constraints as driving factors in ending the collaboration.
Although the original partnership was launched with shared goals around sustainability and public benefit, the relationship has reached its natural conclusion. Glo Dollar stated,
With the exit confirmed, token holders are being directed to swap their USDGLO for USDC before the end of 2025. Thanks to the collaboration between VeChain and Wanchain, providing users with a strong alternative. Glo Dollar team noted,
Individuals holding USDGLO can convert their tokens into Wanchain USDC via BetterSwap’s portal. This swap feature will remain live until December 31, 2025. Another route allows holders to trade USDGLO for VET on the same platform during the same period.
Organizations based in the United States have additional options. They can exchange USDGLO for USDC on any blockchain through Brale or through approved OTC partners.
The shutdown extends beyond the token level. As of January 1, 2026, Glo Dollar will also be inactive on VeBetterDAO. The DAO was one of the places where users provided liquidity and earned rewards using the stablecoin.
Current users will still be able to withdraw any previously deposited liquidity using BetterSwap. In addition, all rewards earned before the cut-off will still be distributed. These will go to past liquidity providers and stakers, with distributions based on historical participation data.
While the Vechain Chapter is ending, the Glo Dollar team made clear that the project remains committed to its aim of building a stable digital currency with social impact. The team added.
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Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

