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TechFlow reports that OpenEden, a tokenized U.S. Treasury project, has announced Velo Protocol has selected its tokenized U.S. Treasuries as reserve collateral for the USDV stablecoin.
SDV's daily trading volume on the Velo Finance decentralized exchange exceeds $50 million. Previously, USDV was primarily over-collateralized by assets such as Velo's native token (VELO) and USDT.
OpenEden, a tokenized U.S. Treasury project, announced that the Velo protocol has selected its tokenized U.S. Treasuries as reserve collateral for the USDV stablecoin. The daily trading volume of USDV on Velo Finance's decentralized exchange exceeds $50 million. Previously, USDV was primarily overcollateralized by assets such as Velo's native token (VELO) and USDT.
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