QualityStocksNewsBreaks – Datavault AI Inc. (NASDAQ: DVLT) Issues Corrected Release On Mandela Dollar Stablecoin Initiative
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…