It is said that this year is the first year of the Payfi track, and the old project Velo's new action is worth a look: The first time I noticed @ veloprotocol was in April last year, when they collaborated with the Solana ecosystem. This time, they have reached a new level by joining forces with Paxos, the world's top compliance agency, to incorporate the revenue oriented stablecoin Lift Dollar into their own ecosystem, breaking down three key points: First layer value: Strong alliance of compliant assets USDL is the world's first licensed stablecoin. By integrating with the USDV stablecoin framework, it will play a dual role: both as a stable collateral reserve and as a settlement tool with inherent income attributes. This is like installing a "profit engine" on traditional stablecoins, allowing funds to automatically increase in value during the circulation process. The second layer of deep meaning: building RWA financial hub Velo's move harbors strategic ambitions. By regulating Paxos through FSRA, they are building a bridge between RWA and the crypto world. What is anchored behind USDL is the US short-term treasury bond bonds and cash equivalents, which is equivalent to putting the trillion level US debt market into the blockchain world. This' traditional financial asset chain 'operation allows ordinary users to enjoy institutional level returns. Third breakthrough: New paradigm of payment finance What chemical reaction will occur when payment encounters DeFi? Velo provided innovative answers. The design of USDL's daily automatic dividend payout allows users to continuously earn interest while completing daily payments and transfers, as if the funds are stored in a high interest account. This' edge to edge profit 'model completely breaks the limitations of traditional payment tools'' static funds' and opens up a new track for PayFi. This is not only a technological integration, but also a revolution in payment thinking. When stablecoins break through the basic function of "value anchoring" and evolve into intelligent financial tools with built-in returns, the game rules of the traditional payment track are being rewritten. Velo Labs' layout indicates that future payment systems will deeply integrate investment attributes, making capital flow itself an engine for wealth growth. In the wave of RWA and DeFi, the "dimension upgrade competition" in this payment track has just begun. Information source reference: https://www.velo.org/blog/velo-labs-collaborates-with-paxos-international-to-integrate-lift-dollar-usdl-as-treasury-reserve-and-settlement-asset