Datavault AI Corrects Release on Mandela Dollar Stablecoin

Firm clarifies details on proposed USD-pegged digital currency for financial inclusion

Mar. 30, 2026 at 4:11pm

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Datavault AI (NASDAQ: DVLT) issued a corrected press release providing additional details on its Mandela Dollar (MUSD) initiative, a proposed USD-pegged stablecoin being developed with partners to support financial inclusion through low-cost remittances, micro-lending, savings, and digital payments in underserved regions. The company emphasized that MUSD is not yet live and warned 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.

Why it matters

Stablecoins have emerged as an important tool for expanding financial access, especially in developing markets. However, the space has also faced challenges around transparency, regulation, and unauthorized copies. Datavault's clarification aims to provide more certainty around its Mandela Dollar initiative as it works towards a phased global rollout.

The details

Datavault AI will serve as the primary technology partner for the Mandela Dollar, delivering AI-powered tokenization, blockchain infrastructure, and secure data systems to support issuance, compliance, and transparency. The company emphasized that MUSD is not yet live and warned 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.

  • Datavault AI issued the corrected release on March 30, 2026.

The players

Datavault AI

A NASDAQ-listed company that leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment.

Mandela Dlamini & Manaway L.L.C.

A partner organization working with Datavault AI on the Mandela Dollar stablecoin initiative.

Unity Reserve Holdings L.L.C.

A partner organization working with Datavault AI on the Mandela Dollar stablecoin initiative.

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What’s next

Datavault AI plans a phased global rollout of the Mandela Dollar stablecoin in the coming years.

The takeaway

Datavault's clarification on the Mandela Dollar initiative highlights the need for transparency and responsible development in the rapidly evolving stablecoin space, as the company works to bring financial inclusion tools to underserved regions.