The VeChain Foundation has issued the financial report for the second quarter of 2022.
There are $535 million in $BTC, $ETH, $VET, and stablecoins in VeChain’s vaults.
TruTrace and UCO Network have been added to VeChain's network.
In comparison to the first quarter, the value of total reserves decreased by 44%.
Stablecoins held by VeChain currently have a value of $60,404,839.
The company has also accumulated a total of 474,887,226 tokens in BTC, ETH, and VET.