Total dollar volume24H $8,016,283
High24H 0.014 USDT
Low24H 0.0136 USDT
Market Cap #341$100,695,230
FDV $326,998,946
Turnover rate 7.96%
Circulating supply 7,390,475,595
Total supply 23,999,922,642
Max supply ∞
All time high date
Mar 24, 2021
Down from All time high -99.34%
Cycle low 0.00097 USDT
Cycle low date
Dec 06, 2022
Up from cycle low 1304.64%
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.