PayFi+RWA, as the type of track that major top institutions and giants are currently rushing to the market, @veloprotocol this kind of compliance-oriented cross-border payment (decentralized clearing network + cross-border stablecoin system) will become more and more important
Velo's strategic partnership with @Paxos will significantly expand the key developments in Velo's strategic layout – the core aggregation platform for tokenized real-world assets (RWA) and the payment finance (PayFi) space
The inclusion of a regulated stablecoin significantly improves the asset quality and risk resilience of its overcollateralized stablecoin USDV:
- Paxos' $USDL "first regulated interest-bearing stablecoin" (backed by short-term U.S. Treasuries and cash equivalents at a 1:1 ratio) integrated into the Velo ecosystem will act as reserve collateral and settlement assets within Velo's $USDV stablecoin framework
- This integration allows Velo users to easily access stable and interest-bearing assets in multiple ways, increasing the way of income (stable U.S. Treasury yield)
- Velo's use of institutional-grade financial products is expected to become more reliable and stable, as well as significant growth in the use of web3 technologies, and Velo's strategic partnership as a bridgehead for Paxos to expand USDL makes Velo a key player in bringing institutional-grade financial products to life
What is Velo Protocol?
Velo is a blockchain-based, compliance-first global settlement network that provides fast, secure, and low-cost cross-border payments for individuals and businesses
📢 Velo Labs x Paxos International @Paxos
We're excited to announce a new strategic collaboration with Paxos International to integrate Lift Dollar (USDL) into the Velo ecosystem.
Key highlights:
✅ USDL is the first yield-bearing stablecoin under regulatory oversight, backed 1:1 by short-term U.S. Treasuries and cash equivalents.
🔐 Issued under FSRA regulation in Abu Dhabi, USDL delivers daily yield directly to holders.
💰 USDL will be used as reserve collateral and settlement asset within our USDV stablecoin framework.
📈 This move enhances the stability, resilience, and real-world value behind USDV.
🌍 It supports our broader strategy to lead in PayFi and become a key RWA aggregator.
This collaboration brings us closer to making institutional-grade financial tools available to everyone in the Web3 space.
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