Coin Intro | "VELO is a blockchain-based financial protocol that provides an open credit network for businesses by implementing stable credit and stablecoin issuance on a decentralized ledger. Unlike existing solutions, the stable credit supported by the VELO protocol is guaranteed through a Digital Reserve System (DRS) based on crypto collateral to ensure the stability of digital credit. As such, the VELO protocol has a wide range of applications, including cross-border remittances, loans, payments, and membership points programs, with a combined market size exceeding trillions of dollars. The current price of VELO is $0.0081728, with a 24-hour trading volume of $27,483,600. VELO has decreased by 8.95% in the last 24 hours. Its market cap is not currently available. There are 739,047,000 VELO in circulation, with a total supply of 3,000,000,000 VELO." |