Velo Labs integrates OpenEden's tokenized U.S. Treasury bills as reserve collateral for USDV stablecoin, expanding its Real World Assets aggregation mission and enabling yield generation for token holders through institutional-grade assets.
Velo Labs, a Web3 financial solutions platform built on Stellar, is integrating OpenEden's tokenized U.S. Treasury bills (TBILL) as reserve collateral for USDV, its stablecoin designed to process up to $150 million in daily transactions. OpenEden's TBILL holds a Moody's 'A' rating and is the largest tokenized U.S. Treasuries-backed token in Asia and Europe. This partnership strengthens USDV's collateral backing beyond its previous basket of VELO and USDT, while unlocking new yield opportunities for USDV holders through staking. The move aligns with Velo's 'Real World Restaking' initiative to aggregate tokenized RWAs and positions USDV as a transparent, institutional-grade payment method globally, blending traditional finance with blockchain infrastructure.