VELO, a leading blockchain-based platform to offer financial solutions, has announced a new partnership with Paxos, a renowned tokenization and blockchain infrastructure. The cooperation focuses on setting up a regulatory and scalable blockchain-based payment platform for worldwide use. The platform unveiled this groundbreaking company on its official social media account.
We promote the future of Stablecoins through strategic collaboration with @paxos that build a scalable and conformed blockchain-based payment rail for the world. 🌍
Before Paxos bundled the forces with Velo, Paxos had already entered into a partnership with some of the most familiar names in Global …
– VELO Official (@developingrotocol) 21 May 2025
VELO joins forces with paxos to offer safe and transparent cross-border Stablecoin payments
This initiative brings together the best possibilities of VELO and Paxos for unparalleled Stablecoin payments. As part of this development, VELO will use the trusted infrastructure of Paxos to support the global adoption and payments of Stablecoin. The partnership underlines a crucial step in fulfilling the mission of VELO, with offering safe and transparent payment infrastructure.
VELO regards the partnership with Paxos as a remarkable progress to stimulate the stable coin-tukomst for user cases in practice. Paxos entered this collaboration after remarkable partnerships with prominent financial entities. The platform has already made an important contribution to conventional finances by pressing traditional financial entities to start Stablecoin activities.
For this purpose, it has issued and managed digital dollars while retaining full compliance. The remarkable partnerships of Paxos take into account DBS Bank, Stripe, Mastercard, Standard Chartered, Global Dollar Network, Venmo and PayPal. With these monumental collaborations, Paxos has actively advanced the Stablecoin sector around the world with seamless and useful activities.
Tackling contemporary problems such as costs, speed and compliance with regulations
By using the Defi infrastructure of VELO and institutional cooperation and legal expertise of Paxos, the partnership is ready to set up an advanced payment forum. The partnership that SIS expected to accelerate the Stablecoin implementation for transfers, digital trade and transfers across borders to scale. In addition, the development is also aimed at the most important challenges that exist in the current payment landscape. These problems include costs, speed and transparency.
According to VELO, the joint effort together with infrastructure development will also promote compliance with regulations for different areas of law. This will guarantee that the payment solutions meet the peak standards when it comes to user protection and financial compliance. That is why both VELO and Paxos work together with policy makers and regulators to increase trust in the Stablecoin technology.