What was once EOS is now Vaulta, and its sights are set firmly on financial infrastructure. The network has partnered with VirgoCX to launch VirgoPay, a remittance app built around stablecoin-powered cross-border payments, with initial rollouts across the U.S., Brazil, Canada, and more.

Vaulta’s transformation stems from its prior struggles—namely, fragmented governance and validator centralization. Today, Vaulta operates with a hybrid model: community voting powers protocol upgrades, while the Vaulta Foundation ensures ecosystem cohesion and execution. A hard fork introduced new consensus logic, decentralizing block validation across a broader set of participants.

Stablecoins are at the heart of VirgoPay. Vaulta supports both native USDT and bridged USDC through its Bitcoin-based transport layer, offering risk diversification. If a stablecoin’s peg falters, VirgoPay can shift users into safer options or temporarily pause affected features.

Security is key, and Vaulta uses audited bridge contracts, live proof-of-reserve data, and real-time on-chain monitoring. Any vulnerabilities discovered can be patched quickly through its agile governance process.

While Ripple and Stellar have long dominated the cross-border payments narrative, Vaulta’s advantage lies in its open and flexible design. The network supports advanced DeFi primitives, stablecoins, RWA tokenization, and even compliance toolkits—all while giving fintech developers modular components to build full-fledged digital banking apps.

For Vaulta and VirgoPay, remittances are just the beginning. As regulations evolve and user demand rises, Vaulta’s infrastructure is poised to power the next generation of global finance.