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Velo Labs plans to integrate OpenEdentokenization US Treasury bonds as USDV reserve collateral assets
According to official sources, Velo Labs has selected OpenEden's tokenized US Treasury Bills (TBILL) as the collateral asset for Stable Coin USDV. USDV is Velo's native token (VELO) and is over-collateralized by a basket of assets including USDT. This inclusion of tokenized US Treasury Bills from OpenEden will enhance the collateral support for USDV Stable Coin.