Velo is a blockchain-based platform offering digital asset transfers, payments, real estate tokenization, and trading services with VELO tokens available on various exchanges.
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Velo is a decentralized financial platform leveraging blockchain technology to offer affordable, frictionless financial solutions. It enables the trustless and direct transfer of digital assets pegged 1:1 to fiat currencies. The platform also includes a trading marketplace and specialized products for real estate investments. Velo's native token, VELO, is a utility token with a capped supply of 30 billion tokens, built on the Stellar blockchain using the Stellar Consensus Protocol. Velo's main features include a global payment system that allows instant transfers for businesses and individuals. It partners with licensed financial institutions to create digital assets tied 1:1 to local currencies, collateralized by VELO tokens. The system operates via two key mechanisms: a Digital Credit I...
As of now, Velo is trading at 0.01496 USD, with a 24-hour trading volume of approximately 4.40M USD. The VELO to USD price is updated in real time. Over the past 24 hours, Velo has increased by 3.28%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 110.56M USD. Currently, there are 7 390 475 595 VELO in circulation out of a maximum supply of 23 999 998 948 VELO.
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