PayFi+RWA, as the type of track that top institutions and giants are currently competing in, will increasingly hold a pivotal position with @veloprotocol's compliance-first cross-border payment (decentralized clearing network + cross-border stablecoin system). Velo's strategic cooperation with @Paxos will greatly expand the key progress of Velo's strategic layout—the core aggregation platform for tokenized real-world assets (RWA) and the PayFi financial sector. The inclusion of a regulated stablecoin can significantly enhance the underlying asset quality and risk resistance of Velo's over-collateralized stablecoin USDV: - The integration of Paxos-issued $USDL, "the first regulated interest-bearing stablecoin" (backed 1:1 by short-term U.S. Treasury bonds and cash equivalents), into the Velo ecosystem will serve as reserve collateral and settlement assets within Velo's $USDV stablecoin framework. - This integration allows Velo users to easily access multiple channels for stable assets and interest-bearing assets, increasing the ways to earn returns (stable U.S. Treasury yields). - It is foreseeable that Velo's institutional-grade financial product applications will become more reliable and stable, and the significant growth in web3 technology applications will be supported by this. Velo, as Paxos' bridgehead for expanding USDL, becomes a key player in introducing institutional-grade financial products. 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.