The VeChain Foundation has shared its financial report for the second quarter of 2022. In the report, VeChain reported $535 million in BTC, ETH, VET, and stablecoin reserves. The total value of reserve assets fell 44% from the first quarter, the report said.
The current total value of stablecoins in VeChain reserves is 60,404,839. Additionally, the foundation currently holds 474,887,226 tokens in cryptocurrency, spread across BTC, ETH, and VET.