Velo is revolutionizing financial infrastructure and promoting seamless cross-border transactions, akin to 'Asia's own XRP.'
Velo shares a common mission with XRP to fundamentally change financial infrastructure and achieve seamless cross-border transactions. Like XRP, Velo enhances remittance and payment systems by providing faster and more cost-effective solutions.
1️⃣ About @veloprotocol
The global cross-border payment project @veloprotocol, invested by Charoen Pokphand Group, collaborates with @Securitize to link blockchain with tangible assets like gold. In September, they officially announced the incorporation of BlackRock's tokenized short-term treasury fund BUIDL into USDV, providing seamless trading and earning opportunities for over 1 million users in Southeast Asia. The potential of $VELO deserves special attention!
A strategic focus on PayFi and real-world assets (RWA), enhancing remittance and payment systems by providing faster and more cost-effective solutions.
2️⃣ What sets Velo apart is its advanced ecosystem.
1. Integration of real-world assets (RWA)
Velo collaborates with institutions such as PTLH and Openeden in Laos, as well as Securitize related to BlackRock, aiming to combine blockchain technology with traditional assets.
2. Strategic layout of the Velo ecosystem: At the core of Velo is the consumer payment application Orbit, integrating blockchain technology into daily financial activities, with the potential for Velo to achieve Web3 mass adoption in the real world.
🌟Universe: A hybrid decentralized exchange providing users with efficient liquidity and trading experiences.
🌟Warp: A cross-chain bridge enabling seamless asset transfers between different blockchains.
🌟Nova: An EVM-compatible blockchain that enhances developer flexibility and network performance.
🌟Quantum: A remittance network that reduces cross-border payment costs and improves efficiency.
🌟PLG: Tokenized gold project exploring the digitalization of traditional assets.
🌟Orbit: A super app for consumer payments, through the innovative program by @Omni_Points, Velo can provide enterprise-level PayFi solutions to merchants, while also offering affordability and convenience to regular users.
3. Multi-chain capabilities and scalability:
Velo operates on multiple mainstream public chains, including BSC, TON, Solana, and Stellar, with extremely high scalability and interoperability. This enables Velo to achieve widespread adoption globally, enhancing the efficiency of cross-chain bridges and accelerating the proliferation of blockchain technology.
4. Real-world usage: Through innovations like Omni Point, Velo integrates blockchain technology into daily financial activities, showcasing its potential in PayFi solutions.
3️⃣ Summary
Currently valued at 160 million, Velo recently launched on Binance Thailand. With its strong cross-chain capabilities and continuously expanding application scenarios, Velo will further enhance the efficiency of global cross-border payments and move towards a future of international compliance.
