📢 Velo Labs x Paxos International @Paxos We're excited to announce a new strategic collaboration with Paxos International to integrate Lift Dollar (USDL) into the Velo ecosystem. Key highlights: ✅ USDL is the first yield-bearing stablecoin under regulatory oversight, backed 1:1 by short-term U.S. Treasuries and cash equivalents. 🔐 Issued under FSRA regulation in Abu Dhabi, USDL delivers daily yield directly to holders. 💰 USDL will be used as reserve collateral and settlement asset within our USDV stablecoin framework. 📈 This move enhances the stability, resilience, and real-world value behind USDV. 🌍 It supports our broader strategy to lead in PayFi and become a key RWA aggregator. This collaboration brings us closer to making institutional-grade financial tools available to everyone in the Web3 space. read more: https://t.co/afADgpyryS