Deep Dive
1. Universe Wallet Overhaul (April 2024)
Overview: Velo’s Universe Wallet introduced automated trading tools and personalized features, improving user experience and trading efficiency.
The update included Lightyear Grid Trading Bots for automated strategies, a Profit/Loss Calculator, and customizable Take Profit/Stop Loss settings. Users can now assign custom nicknames and profile pictures, streamlining portfolio management.
What this means: This is bullish for VELO because it attracts active traders with advanced tools, potentially increasing transaction volume and wallet adoption. Enhanced usability strengthens Velo’s position as a hybrid DeFi/CeFi gateway in Asia.
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2. Solana Cross-Chain Integration (August 2025)
Overview: A partnership with Solana Foundation enabled seamless asset transfers between Solana, Nova Chain, and EVM-compatible networks.
The update introduced a Warp Multi-Chain Bridge, allowing users to move assets like tokenized gold (Laos Digital Gold Project) across chains while providing liquidity for cross-chain Web3 activities.
What this means: This is neutral-bullish for VELO. While interoperability boosts ecosystem utility, success depends on adoption across partner chains. Improved liquidity flows could stabilize USDV demand but may dilute short-term price action.
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3. Paxos USDL Integration (May 2025)
Overview: Velo integrated Paxos’s Lift Dollar (USDL) as reserve collateral for its USDV stablecoin, leveraging its yield-generating mechanism.
USDL’s 1:1 USD backing and regulatory compliance enhance USDV’s stability. The upgrade allows USDV to benefit from Paxos-managed reserves, potentially sharing yields with stakers.
What this means: This is bullish for VELO because institutional-grade reserves improve USDV’s credibility, attracting TradFi partners. Higher USDV adoption directly increases VELO’s utility as collateral, creating deflationary pressure via staking.
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Conclusion
Velo’s codebase updates reflect a strategic push toward hybrid finance (TradFi/DeFi) interoperability and institutional-grade stability. The focus on wallet tools, cross-chain liquidity, and compliant stablecoins positions VELO as Asia’s Web3 financial rail. With developer activity concentrated on real-world asset (RWA) integrations, could USDV’s multi-collateral system become a benchmark for regulated stablecoins?