Velo Protocol Maintains Stable Fiat-Collateralized Digital Credits

The Velo Protocol functions as a financial system that provides digital credits tied to any fiat currency, ensuring that these credits are always backed by an equivalent amount of VELO tokens. This mechanism maintains a consistent 1:1 ratio between digital credits and fiat currency value. For a detailed understanding, refer to the Medium article linked here: https://medium.com/veloprotocol/an-introduction-to-the-velo-protocol-e779d9d9f584#:~:text=What%20is%20the%20Velo%20Protocol,to%20fiat%20currency%20value%20ratio