Velodrome Finance (VELO)

$VELO: New highs! https://t.co/VxTQo8U4NR

$VELO l @veloprotocol

Some info from yesterday’s Velo Orbit Plus Off-Ramp & Virtual Card update on TG

Orbit Plus Off-Ramp 💱
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is now live in BETA for Indonesia 🇮🇩

▶️ Users can convert $USDC & $USDT on Ethereum and Tron Network, directly into local currency and receive it in their bank account.

▶️ It’s built on Lightnet’s licensed payment infrastructure, so it’s fully regulated and compliant.

▶️ Settlement is usually T+1 (next business day)

▶️ KYC is required before your first off-ramp transaction.

▶️ Indonesia 🇮🇩 was chosen first because Velo already has strong regulatory coverage and banking relationships there.

▶️ Other ASEAN countries like Hong Kong 🇭🇰 Singapore 🇸🇬 Philippines 🇵🇭 etc. will follow. It's not mentioned during the AMA but I assume, Thailand 🇹🇭 will also follow.

The team is collecting feedback to improve the product.

Virtual Crypto Debit Card 💳
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The card will let users spend crypto in real life through Apple Pay and Google Pay.

Join us tomorrow for our Q2 2026 Community Townhall as we share latest updates!

In this session, we'll cover the beta launch of Orbit Plus Off-Ramp and progress on the Virtual Crypto Debit Card.

🎤 Adrian Wang, Head of Commercial
🗓 30 June 2026
⏰ 12:00 PM UTC
📍 Telegram: https://t.co/f0kFy8PSDj

💬Have a question you'd like answered during the Townhall? Drop it here : https://t.co/hODmKRO6RP