🧵 XRP's hundreds of billions surged five times in a month, this is the feeling of a bull market...
If you are afraid to chase the highs, you can look at $VELO, our own XRP in Asia.
Both share a common mission, which is to fundamentally change financial infrastructure and achieve seamless cross-border transactions.
@veloprotocol enhances remittance and payment systems by providing faster and more cost-effective solutions, with business logic similar to XRP, but the difference lies in Velo's diverse ecosystem:
1️⃣ Real World Assets (RWA)
Velo connects blockchain with tangible assets like gold, collaborating with PTLH in Laos, Openeden, and Securitize related to BlackRock for PLG tokenized gold, establishing a national-level digital gold clearinghouse.
2️⃣ Real-world Applications
Currently, the core of Velo is the consumer payment application Orbit, integrating blockchain technology into everyday financial activities. Velo is expected to achieve Web3 mass adoption in the real world, after all, everyone's living expenses rely on payments.
Compared to traditional payment applications, Velo's advantages are evident. First, users can hold USDV in Orbit, which does not affect daily spending while earning basic returns from BlackRock funds. Additionally, through @Omni_Points' innovative program, Velo can provide enterprise-level PayFi solutions for merchants, bringing benefits and convenience to ordinary users.
With the applications of PayFi + RWAs and global partners, Velo has the ambition to transition from being a compliance leader in Southeast Asia to a global player.
3️⃣ Other Ecosystem Components of Velo
Velo has its own EVM-compatible blockchain Nova and has built its hybrid decentralized exchange Universe on-chain, allowing for spot contract trading.
The cross-chain interoperability bridge Warp enhances Velo's scalability, supporting liquidity inflow from multiple major chains such as BSC, TON, Solana, and Stellar. The comprehensive infrastructure can break down the barriers for users to access the remittance network Quantum.
4️⃣ Expectations
Currently, with a market capitalization of 160 million, it recently launched on Binance Thailand, and the space in the compliance track has been greatly expanded by the big brother.
Just focusing on the Asian market, is there really a thousandfold gap compared to the European and American markets?