Velo Labs partners Philippine Digital Asset Exchange (PDAX) on cross-border payments
Velo Labs and PDAX will open a new remittance corridor in the Philippines, addressing a $34 billion opportunity.
British Virgin Islands-registered blockchain payments settlements network, Velo Labs, has signed an agreement with the Philippine Digital Asset Exchange (PDAX) to open a remittance corridor in the Philippines. The parties will leverage the Stellar network, a decentralised protocol for digital to fiat currency transfers.
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