Last winter, Pi Pi's friend Xiao Wang encountered a troubling issue.

He needed to transfer a sum of money to a foreign supplier.

In the past, he had to personally go to the bank, wait in long lines at the counter, fill out complicated forms, and pay expensive fees. But this time, he tried a new blockchain payment platform called Velo.

This choice surprised him.

The next day, Xiao Wang excitedly sent a WeChat message to Pi Pi: "This transfer was especially fast, and the fees were much cheaper than before."

His experience piqued Pi Pi's interest. As a Web3 worker, Pi Pi was eager to learn more about this emerging cross-border transfer platform.

The above story was generated by AI; the following is the main text 👇

Many friends who often make cross-border transfers may share the same troubles, such as high fees and slow processing times. Pi Pi once had to provide too much information, and it took five attempts over one to two weeks to complete an overseas transfer.

Velo just happens to solve these everyday problems.

It uses a blockchain technology called Stellar, combined with the use of smart contracts, making transfers as simple as sending a message.

Interestingly, it can also convert physical assets like real estate and gold into digital currency, allowing people to trade more freely.

Velo is not just a transfer tool; it also provides a series of convenient features: such as the core EVM-compatible chain Nova Chain, the multi-chain Dex Universe, the remittance network Quantum linking ecological projects, and the user-friendly mobile app Orbit, among other functions.

These features work together like building blocks, providing users with a complete and convenient service system.

Of course, Velo also faces some real-world challenges. Due to differing regulations in various countries, some places still lack relevant legal norms, which poses significant challenges for Velo's promotion.

In this field, platforms like XRP and Stellar are also providing similar services. However, Velo has chosen a wise development direction: collaborating with well-known company Visa and steadily expanding its user base.

🔔 Pi Pi has not yet held a position; Velo belongs to the relatively popular PayFi and RWA narrative. The most important issues still revolve around legal regulations and regulatory problems in countries around the world, which Velo needs to address!