Velo Labs has chosen BlackRock’s platform to incorporate its $500 million Tokenized Treasury Fund (BUIDL) backed by Securitize into the USDV pool of reserve assets.

Why a game changer?

Because this will significantly boost @veloprotocol reserve assets and stablecoin, USDV.

How users could benefit from this initiative?

• Enhance seamless transactions and yield opportunities for over 1 million users across Southeast Asia.

• Users across Southeast Asia can enjoy bank-free transactions.

• Cross-border money transfers

With Securitize making it easier to access BlackRock’s fund, Velo is set to lead in Web3 payments, cross- chain trading, and DeFi.

Disclaimer - This is not a financial advice. Always do your own research. I'm Collaborating with Velo labs and also personally holding VELO.

Source: https://x.com/Ashcryptoreal/status/1833548672371724745?t=ZUE-m3ImDUdke0NLDFjtyA&s=19 Show Less