Velo - SafePal Integration for Payments
Event Details: On September 23, 2025, Velo announced the integration of Velo payments directly within the SafePal App, facilitating secure and borderless transfers. This integration allows SafePal users to send and receive payments using Velo's network, enhancing usability and speed within the SafePal crypto wallet environment. The event is primarily a technology integration and payment solution deployment by Velo Protocol and SafePal wallet teams, available globally through SafePal's app platform.Recent News: Velo Labs has been actively updating its roadmap for 2025 with a focus on accelerating cross-chain integrations and scaling the PayFi ecosystem. SafePal, on the other hand, has been expanding its wallet functionality including partnerships like the 1inch Swap API integration, offering users seamless crypto swaps. The new Velo-SafePal integration fits well within these strategic developments, highlighting the emphasis on user experience enhancements and expanding payment options.Future Plans: Velo aims to deepen its industry partnerships and broaden its cross-chain integration capabilities throughout 2025. This event marks a step towards scaling its PayFi ecosystem, aiming to offer faster, more secure, and borderless payment solutions. SafePal continues to strengthen its multi-asset wallet services and integration capacity to serve a broader crypto user base.Onchain Data: * Tokens unlocked: Not publicly available. * TVL: Not publicly available. * 24h transaction volume: Not publicly available. * Wallet growth/new wallets: Not publicly available. * Staking participation: Not publicly available. * Contract interaction counts: Not publicly available. * Exchange inflows/outflows: Not publicly available.Community Sentiment: Sentiment around the integration is generally positive, with users appreciating the convenience of Velo payments within the SafePal wallet. Comments highlight anticipation for faster and more borderless transactions: "Great to see Velo integrated into SafePal, makes payments easier," and "This will boost SafePal usage significantly," demonstrating community optimism.Risk Disclaimer: This integration could influence Velo token utility and adoption, potentially affecting token price dynamics. Users should consider this alongside other market factors.Sources used: https://x.com/veloprotocol/status/1970431698178294003, https://www.safepal.com, https://coinmarketcap.com/currencies/velo/.
Velo
September 23
