Total dollar volume24H $11,613,112
High24H 0.01373 USDT
Low24H 0.01285 USDT
Market Cap #385$96,157,478
FDV $312,262,993
Turnover rate 12.08%
Circulating supply 7,390,475,595
Total supply 23,999,922,642
Max supply ∞
All time high date
Mar 08, 2021
Down from All time high -99.45%
Cycle low 0.00097 USDT
Cycle low date
Dec 07, 2022
Up from cycle low 1241.34%
Velo Labs is building a unique federated credit exchange network. This network is powered by the Velo Protocol, which is a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system. The project's core mission is to enable partners to safely and securely transfer value between each other in a timely and transparent way. To do this, the Velo Protocol enables its partners to issue digital credits via a smart contract layer, using the Stellar Consensus Protocol to process and settle transactions. Within its ecosystem, the Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits, which correspond to any fiat currency that can be used for frictionless value transfer.