PARTNERSHIP: Guess who is going to serve as Paxos International’s beachhead for scaling USDL across Southeast Asia.
That’s @veloprotocol, ladies and degens. A blockchain-powered PayFi network that makes financial services more accessible worldwide, within a regulator-friendly framework.
Velo’s collaboration with Paxos brings it closer as a key aggregator of tokenized RWA and a pioneer in the PayFi space.
This makes Paxos’s USDL the first yield-bearing stablecoin under regulatory oversight, backed 1:1 by short-term U.S. Treasuries and cash equivalents.
Pure execution, baby.
Know more on https://t.co/Gq6EuA2iv9 and tune in to their space at 10:15 am EST on @Crypto_TownHall.
Disclaimer: We do not provide financial or investment advice of any kind; we’ve been compensated for this post. Always do your own research, as cryptocurrency prices can be extremely volatile.