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Velo Integrates USD1 to Enhance PayFi Infrastructure in Asia

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USD1
$1.00140.22%
Velo Protocol has integrated USD1, a regulated stablecoin issued by BitGo Trust Company, to expand PayFi infrastructure in Asia. The partnership supports cross-border payments, FX routing, and digital asset management. Velo’s protocol enhances liquidity and settlement layers for institutional-grade transactions. Backed by CP Group, the move focuses on scalability and transparency. What is PayFi? It combines payment and finance services for faster, more efficient transactions. The collaboration aims to drive long-term growth in Asia’s digital payment ecosystem.
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