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VerifyVASP Processes 20 Million Verifications
November 18, 20252 min read

VerifyVASP Processes 20 Million Verifications

VerifyVASP

VerifyVASP has reached a major milestone, surpassing 20 million verifications for its members’ Travel Rule compliant blockchain transfers.

Notably, the platform doubled from 10 million to 20 million verifications in just over one year, a remarkable acceleration compared to the 2.5 years it took to reach the initial 10 million. This growth underscores the increasing adoption of VerifyVASP as a trusted infrastructure for Travel Rule compliance.

October 2025 was particularly significant, marking the first month with more than 1 million transfers. The monthly average transfers has risen to 800,000, more than double the levels recorded during the same period in 2024.

Some key highlights of this milestone include:

  • Stablecoin Flows: Stablecoins have emerged as the dominant virtual asset type transferred between VASPs, reflecting broader industry adoption under growing regulatory oversight.
  • Increasing Membership: The platform continues to expand its member base as regulators strengthen Travel Rule implementation and supervisory expectations.

The 20 million verification milestone demonstrates the strength of our Verified Network architecture, built to meet FATF and global regulatory standards:

  • Immediate: API-based verifications complete in an average of 0.16 seconds, ensuring seamless communication between VASPs.
  • Secure: End-to-end encryption with a unique asynchronous key pair generated for every single verification.
  • Scalable: Zero unscheduled downtime and no material operational issues, even during market-driven volatility and volume spikes.
  • Asset Agnostic: Proven interoperability across all major virtual asset types.
  • Interoperable: Continuous, reliable interoperability with other Travel Rule solutions while maintaining strict FATF compliance.
  • Enhanced Counterparty Assurance: Support for counterparty due diligence through our onboarding standards and assistance with periodic review.

With a critical mass of accurate and verified Travel Rule information, VerifyVASP has strengthened safety and trust across the ecosystem:

  • Preventing Scams: Mitigation of impersonation scams and other fraudulent activities by accurately verifying VASPs, originators and beneficiaries.
  • Investigation Support: Enabling accurate on-chain attribution contributing to successful law enforcement seizures.

VerifyVASP continues to collaborate closely with international law enforcement agencies, anti-scam units, financial intelligence units, and other public sector partners to combat cross-border crimes, especially scams and thefts in the virtual asset ecosystem.

We remain committed to advancing responsible industry growth through robust Travel Rule compliance, secure information sharing, and active participation in public–private partnerships. 

Please contact us for detailed insights into how VerifyVASP enables seamless compliance with international Travel Rule regulations. Our solution is designed to meet FATF requirements while upholding the highest standards of data protection and security.