Velo, a leading blockchain-based platform for providing financial solutions, has announced a new partnership with Paxos, the well-known tokenization and blockchain infrastructure. The collaboration focuses on establishing a regulatory, scalable, blockchain-based payment platform for global use. The platform revealed this groundbreaking effort on its official social media accounts.
Through our strategic collaboration with @Paxos, we are moving forward with the future of Stablecoins, building globally scalable, compliant, blockchain-based payment rails. 🌍
Before joining forces with Velo, Paxos was already partnering with some of the most trusted names on the global market…
– Velo Official (@EvelopRotocol) May 21, 2025
Velo joins forces with Paxos to offer secure, transparent cross-border Stablecoin payments
This initiative brings together the best abilities of Velo and Paxos for unparalleled Stablecoin payments. As part of this development, VELO will leverage Paxos’ trusted infrastructure to support Stablecoin adoption and cross-border payments around the world. The partnership highlights key steps in fulfiling Velo’s mission by providing a secure and transparent payment infrastructure.
Velo believes the partnership with Paxos is a notable advancement that will boost the future of Stablecoin in real-world use cases. Paxos is taking part in the collaboration following a notable partnership with well-known financial institutions. The platform has already become a key contributor to traditional finance by encouraging traditional financial institutions to launch Stablecoin operations.
To this end, we issue and manage digital dollars while maintaining full compliance. Paxos’s prominent partnerships consider DBS Bank, Stripe, MasterCard, Standard Chartered, Global Dollar Network, Venmo, and PayPal. With these groundbreaking collaborations, Paxos has been actively working towards the Stablecoin sector around the world with a seamless and convenient business.
Address modern issues such as cost, speed, and regulatory compliance
By leveraging Velo’s Defi infrastructure and using Paxos’ institutional cooperation and regulatory expertise, the partnership is poised to establish cutting-edge payment forums. Partnership SIS was hoping to promote Stablecoin deployment for transfers, digital commerce and remittances across large borders. In addition to this, the development is also intended to address the key challenges that exist in the current payment environment. These issues include cost, speed and transparency.
According to Velo, joint efforts, along with infrastructure development, will encourage regulatory compliance across diverse jurisdictions. This ensures that payment solutions meet peak criteria when it comes to user protection and financial compliance. Therefore, both Velo and Paxos are working with policymakers and regulators to increase confidence in Stablecoin technology.