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Erik @ero_crypto on x 11.8K followers
Created: 2025-07-14 08:43:41 UTC
$VELO is transforming Asia’s $396B remittance market.
⚠️Sending money across borders in Asia used to be slow, expensive, and complicated. But @veloprotocol is changing the game with blockchain tech, digital credit, and instant transfers that cost up to XX% less than #SWIFT.
In recent years, Asia’s digital remittance market has undergone a significant transformation driven by advancements in financial technology and the growing demand for faster cross-border money transfers.
⚡What Drives the Demand for Digital Remittance in Asia Pacific Countries?
🔻The Asia Pacific regional market is expected to emerge as the fastest-growing regional market over the forecast period. Numerous citizens from the Asia Pacific region send thousands of dollars in remittances to colleagues, business partners, and families abroad.
🔻The rise of mobile banking and cashless payments in countries like China, India, and Thailand is driving rapid growth in Asia’s financial services market. Rising competition and a growing customer base are fueling digital remittance growth across APAC, with the market projected to reach $XXX billion by 2030, growing at a XX% CAGR.
📣Traditional banking systems face challenges in meeting the needs of a tech-savvy population, so digital platforms are stepping in to offer better solutions.
♦️Built on @StellarOrg and backed by @Visa and Lightnet, $VELO is laying efficient liquidity rails for millions of Southeast Asian migrant workers and helps financial institutions move money quickly and safely. Powered by the $VELO token, the platform enables faster, more inclusive financial services across Asia-Pacific.
📈 With a booming market projected to reach $700B by 2030 and a growth rate of XX% CAGR, $VELO is positioned to lead this digital money revolution. Whether it's for family, business, or international payments, @veloprotocol makes cross-border transfers smoother, smarter, and way more affordable.
XXXXX engagements
Related Topics visa swift $700b blockchain asia money $396b $velo