Datavault AI Forms Joint Venture to Launch USD-Backed Stablecoin Mandela Dollar

July 9th, 2026 1:15 PM
By: Newsworthy Staff

Datavault AI (NASDAQ: DVLT) has entered a joint venture to develop the Mandela Dollar, a 1:1 USD-backed stablecoin aimed at financial inclusion, with the company serving as the exclusive technology partner.

Datavault AI Forms Joint Venture to Launch USD-Backed Stablecoin Mandela Dollar

Datavault AI Inc. (NASDAQ: DVLT) announced Wednesday that it has signed a three-party joint venture agreement with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C. to form Mandela Digital. The venture will develop the proposed Mandela Dollar (“MUSD”), a stablecoin backed 1:1 by the U.S. dollar, focused on expanding financial inclusion across underserved markets.

Under the agreement, Datavault AI will serve as Mandela Digital’s founding and exclusive technology partner. The company will provide its AI-powered data monetization, tokenization and compliance platforms to support MUSD issuance, redemption, proof-of-reserve transparency and regulatory infrastructure. The joint venture formalizes an initiative first announced in February 2026 and is designed to pair advanced digital financial infrastructure with the legacy of Nelson Mandela.

Datavault AI said its role extends beyond the launch, with recurring technology responsibilities tied to MUSD operations. The company also positions the deployment as a reference platform for future digital currency and real-world asset tokenization opportunities. The announcement highlights the growing intersection of artificial intelligence and blockchain technology in the financial sector, as companies seek to leverage AI for compliance and transparency in digital asset operations.

The Mandela Dollar aims to address financial inclusion by providing a stable digital currency accessible to populations with limited banking infrastructure. By pegging MUSD to the U.S. dollar, the stablecoin seeks to mitigate volatility, a common barrier to cryptocurrency adoption in emerging markets. Datavault AI’s technology platform will underpin the stablecoin’s operational integrity, including real-time auditing and regulatory compliance.

Datavault AI (NASDAQ: DVLT) is known for its AI-driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides solutions across its Acoustic Sciences and Data Sciences divisions. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company’s technology suite includes AI- and machine-learning-based automation, third-party integration, and detailed analytics.

The joint venture represents a strategic expansion for Datavault AI into the digital currency infrastructure space. The company’s involvement in the Mandela Dollar project could serve as a template for similar initiatives, potentially opening new revenue streams tied to recurring technology services. The announcement also underscores the growing trend of established technology firms partnering with entities focused on social impact and financial inclusion.

For more information about Datavault AI, visit https://dvlt.ai. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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