Datavault AI (NASDAQ: DVLT) issued a corrected press release providing additional clarity on its Mandela Dollar (MUSD) initiative, a proposed USD-pegged stablecoin being developed with Mandela Dlamini & Manaway L.L.C. and Unity Reserve Holdings L.L.C. to support financial inclusion through low-cost remittances, micro-lending, savings, and digital payments in underserved regions. Datavault AI will serve as the primary technology partner, delivering AI-powered tokenization, blockchain infrastructure, and secure data systems to support issuance, compliance, and transparency, while emphasizing that MUSD is not yet live and warning against unauthorized tokens, with planned features including a 1:1 dollar peg, proof-of-reserves, ultra-low transaction fees, and integration with digital wallets and decentralized finance platforms as part of a phased global rollout.
To view the full press release, visit https://ibn.fm/2o7Zi
Questions around this news
Is MUSD available to use now?
No. The release says MUSD is not yet live and cautions readers about unauthorized tokens claiming an association with the initiative. Planned features include a dollar peg, proof-of-reserves, low transaction fees, and connections to digital wallets and decentralized finance platforms. The initiative is described as a phased global rollout.
How does a stablecoin maintain a link to a currency?
A stablecoin is designed to keep its market value aligned with another asset, such as a national currency. The issuer may use reserves, collateral, or mechanisms that influence supply and demand to support that link. The approach and reliability of the backing can vary, so users may want to understand how the system works.
What does proof-of-reserves mean for a stablecoin?
Proof-of-reserves refers to information or verification intended to show that assets are held to support a token or other financial obligation. Its scope and methods can differ, and it is not by itself a guarantee that users can redeem tokens or that all relevant risks have been addressed.
About Datavault AI
Datavault AI(TM) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company’s cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division includes WiSA(R), ADIO(R), and Sumerian(R) patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange(R) (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI’s customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.
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In brief
Datavault AI says it has issued a revised announcement to clarify plans for Mandela Dollar (MUSD), an intended stablecoin linked to the U.S. dollar. The initiative is being developed alongside Mandela Dlamini & Manaway L.L.C. and Unity Reserve Holdings L.L.C., with a focus on services such as remittances, small-scale lending, savings and digital payments in underserved areas. The company describes itself as the lead technology provider, responsible for tokenization tools, blockchain systems and secure data infrastructure supporting issuance and compliance. MUSD has not launched, and Datavault AI cautions that unauthorized tokens may exist. The proposed design includes a one-to-one dollar relationship, reserve verification, low fees and connections to wallets and decentralized finance platforms, with deployment planned in phases around the world.
Key takeaways
- Datavault AI issued a corrected announcement clarifying its proposed Mandela Dollar stablecoin initiative.
- The project is being developed with Mandela Dlamini & Manaway L.L.C. and Unity Reserve Holdings L.L.C.
- Datavault AI says it will provide technology for tokenization, blockchain infrastructure and secure data systems.
- MUSD has not launched; proposed features include reserve verification, low transaction fees and wallet integration.
SEC filings
Earlier from Datavault AI
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- Datavault AI (NASDAQ: DVLT) Schedules Q4 And Full-Year 2025 Financial Results Release
- Datavault AI (NASDAQ: DVLT) CEO Nate Bradley To Present Tokenized Legacy Platform At Luminary 2026
