TechFlow news: Velo has announced that Squid, powered by the Axelar network, has been integrated into the Universe platform, enabling cross-chain interoperability for users. This allows users to easily navigate and transact across different blockchains, delivering enhanced accessibility and flexibility. Velo plans to leverage Squid to connect liquidity and facilitate seamless USDV exchanges, thereby improving the overall liquidity and usability of the Velo Web3+ ecosystem.
Going forward, Velo intends to deepen its collaboration with the Axelar network by integrating the Nova chain into Axelar, offering broader digital experiences.
In addition, Velo’s merchant payment solution, Orbit, will be upgraded through integration with Axelar GMP, enabling merchants to seamlessly accept payments across multiple blockchains.
