#RWA代币化 Seeing the news about the collaboration between Velo and WLFI, several familiar scenes immediately flashed through my mind. During the 2017 bull market, many projects raised a large amount of money under the banner of "revolutionary financial infrastructure," but most of them vanished into thin air. However, I believe the RWA path is different.

The core of this collaboration is actually a substantial expansion of the stablecoin ecosystem. The entry of USD1 as a regulated dollar stablecoin into the Velo system indicates two things: First, RWA infrastructure is gradually moving from the conceptual stage to practical application; second, the integration of compliant stablecoins with decentralized settlement layers is becoming the new standard configuration.

Looking back, during the DeFi wave of 2020-2021, liquidity issues with stablecoins were always a limiting factor. At that time, we held various small-cap stablecoins, cross-chain transfers were ridiculously expensive, and the ecosystem was severely fragmented. Now, Velo is integrating these liquidity pools through the PayFi infrastructure, and the introduction of USD1 is akin to putting an "institutional" label on this ecosystem. This evolutionary path is consistent with MakerDAO’s upgrade from single collateral to multi-collateral assets.

It’s worth noting that this is not just a simple token launch but a strategic partnership—meaning USD1 will become the core support for Velo stablecoin liquidity and settlement. Such deep integration, especially at the cycle bottom or at this current time point, often signals that the next wave of growth is accumulating. History has shown me that infrastructure development always precedes large-scale application.