VELO is a blockchain-based financial protocol that provides an open credit network for enterprises by achieving credit stability and stablecoin issuance on decentralized ledgers. Different from existing solutions, the stable credit supported by the VELO protocol can guarantee the stability of digital credit through the digital reserve system (DRS) based on cryptocurrency pledge. Therefore, there are many usage scenarios of the VELO protocol, such as cross-border remittance, loan, payment, membership point program, and its comprehensive market size exceeds one trillion U.S. dollars.