VX2 is set to tackle some of the pressing challenges in cross-border payments by utilizing stablecoins like USDT and USDC. This innovative solution will provide a unified access point and an interoperable protocol, serving as a comprehensive orchestration layer that bridges the gap between current cloud-based systems and emerging digital finance infrastructure.
The initiative will leverage strategic collaborations with top-tier stablecoin on/off ramp liquidity providers, including exchanges, issuers, and over-the-counter (OTC) desks. These alliances are designed to facilitate seamless integration with Volt’s unique network of banking connections, thereby creating a fluid connection between traditional finance and digital assets.
The introduction of VX2 comes at a pivotal moment when there is an increasing demand for secure and efficient digital asset solutions. The heightened transparency and advancement in regulations within the digital asset sector have set the stage for significant innovation. VX2 is well-positioned to take advantage of this trend by providing a platform that integrates traditional financial frameworks with cutting-edge digital technologies.
Tom stated, “We will harmonise old money with new, to deliver a globally connected and coherent payments network that is real-time.”
VX2 will function as an independent entity, predominantly owned by Volt, and backed by the same key investors, such as IVP, EQT, CommerzVentures, Augmentum Fintech, and Fuel Ventures. This structure enables VX2 to focus intently on refining its platform while benefiting from the expertise and resources of Volt.