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November 28, 2023

Velo and Waves Forge Strategic Partnership: Redefining Cross-Border Payments Through Orbit's Cryptocurrency-to-fiat for Merchant Payment Solution

Velo, at the forefront of the Web3+ ecosystem, proudly announces a strategic alliance with Waves, a leading blockchain platform renowned for its robust infrastructure. This collaborative venture aims to redefine cross-border payments, seamlessly connecting the East European region to Southeast Asia (SEAs) through Velo's innovative mobile payment solution, Orbit. 

Orbit, a QR code payment solution, perfectly aligns with SEAs' national standards, offering a user-friendly and universally accepted payment method. In addition to its adherence to regional standards, Orbit introduces groundbreaking features, allowing users to make payments in popular cryptocurrencies such as BTC, ETH, and USDT, instantly converting them to fiat. This integration of on-demand cryptocurrency payments sets a new standard in the evolving financial landscape. 

This partnership leverages Waves' secure and efficient blockchain technology, amplifying the capabilities of Velo's Orbit to create a seamless and borderless payment ecosystem. The real-world implications of this collaboration are especially significant as Waves boasts a substantial user base in East Europe, while Southeast Asia, particularly Thailand, is a prime destination for East European travelers. The strategic alignment between the two platforms not only enhances the overall user experience but also addresses the specific needs of the growing cross-border traveler community. 

Velo and Waves are committed to pushing the boundaries of innovation in payment technologies. This partnership symbolizes a joint dedication to creating a financial landscape that transcends geographical limitations, fostering inclusivity and accessibility for users on both sides of the globe. Join us on this transformative journey as we pioneer the future of cross-border payments and shape the next chapter in the evolution of the Web3+ ecosystem.