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Great news from Velo Protocol! 🚀
Lift Dollar (USDL) has now joined the Velo ecosystem.
This is a stablecoin backed 1:1 by USD and distributes daily returns. It will be used as both collateral and payment asset for USDV.
This allows Velo's financial system to become more robust and liquid.
We continue to be a pioneer in the PayFi world! 🔥
#VeloProtocol #Velo $Velo #Crypto #Bitcoin