VeChain Rolls Out Hayabusa Upgrade, Staking Access, and Global Visa Integration

  • VET holders can now run nodes and earn VTHO staking rewards.
  • Stella Pay bridges blockchain rewards with real-world spending access.

VeChain has entered a new phase with its Hayabusa upgrade, reshaping its blockchain and staking framework. The platform aims to widen access to node operations and boost community rewards. A new Visa integration also enables crypto spending at millions of retailers.

According to VeChain’s announcement, the Hayabusa upgrade will lead to the Stargate phase, opening node creation to all VET holders. This marks a significant shift from the platform’s earlier structure, enabling broader participation in securing the network. VeChain reported that users can now stake VET to operate nodes and receive VTHO rewards based on node tier.

The VeChain Foundation has committed 5.3 billion VTHO, valued at around $15 million, to support this transition. The incentive pool encourages users to stake their VET tokens and help decentralize the ecosystem. VeChain stated that participants can earn varying daily rewards depending on the amount staked. For example, staking 10,000 VET may yield around 5 VTHO daily, while higher tiers can reach up to 35,000 VTHO.

VeChain said this system will also introduce elite tiers like Mjolnir X, offering more advanced users greater returns. All rewards are designed to adjust based on network activity, encouraging dynamic user engagement. The upgrade is part of the wider “VeChain Renaissance,” a roadmap to increase decentralization and accessibility.

Stella Pay and Environmental Action Expand Utility

VeChain has rolled out the Stella Pay Visa card as part of its broader strategy. The card allows holders to spend $VET, $VTHO, and $B3TR across more than 130 million global outlets. This development aims to lower the barrier for Web2 users entering the Web3 space. VeChain has offered a 200 B3TR token reward to the first 5,000 new cardholders to drive adoption.

The platform confirmed that the tokens are deposited automatically between the 10th and 20th of each month. This setup is meant to simplify user interaction with crypto rewards while supporting real-world spending. VeChain views this initiative as a step toward merging blockchain utility with everyday payments.

Previous Coincryptonews reported that VeChain was also cited for its new partnership with 4ocean, a U.S.-based environmental group. The alliance launched with a beach cleanup in Miami, supported by the UFC Foundation. VeChain introduced the Cleanify decentralized application during the event, which is part of its VeBetter ecosystem.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

South Korea Crypto Tax Faces Fourth Delay as 2029 Plan Emerges

Officials are reportedly considering a fourth postponement, potentially moving...

BNB Chain Unveils New L1 Design as CZ Backs One-Coin Approach

The proposed blockchain will operate alongside BSC and use...

Zcash Price Gains 3.31% as Bulls Defend $1,200 Against Bears

ZEC gained 3.31% to $1,226.41 in the supplied snapshot,...

Keystone Breach Exposes Customer Data, Raises Privacy Concerns

Exposed records included customer names, contact details, shipping addresses...

CoinDCX Confirms $16 Million Wallet Loss After Initial Denials

The exchange said it absorbed a 15.99 million USDT...

Topics

South Korea Crypto Tax Faces Fourth Delay as 2029 Plan Emerges

Officials are reportedly considering a fourth postponement, potentially moving...

BNB Chain Unveils New L1 Design as CZ Backs One-Coin Approach

The proposed blockchain will operate alongside BSC and use...

Zcash Price Gains 3.31% as Bulls Defend $1,200 Against Bears

ZEC gained 3.31% to $1,226.41 in the supplied snapshot,...

Keystone Breach Exposes Customer Data, Raises Privacy Concerns

Exposed records included customer names, contact details, shipping addresses...

CoinDCX Confirms $16 Million Wallet Loss After Initial Denials

The exchange said it absorbed a 15.99 million USDT...

IRYS Price Falls 14.84% as Sharp Reversal Puts $0.03 in Focus

IRYS traded at $0.03438, down 14.84% in the supplied...

Chainlink Price Tests $11 Support as Analysts Map $20 Recovery

LINK fell 2.07% to $11.31, placing immediate focus on...

Cardano Price Falls Below $0.21 as Analyst Flags 20% Drop Risk

ADA traded at $0.203, down 1.95% over 24 hours...
spot_img

Related Articles

Popular Categories

spot_imgspot_img