money you hold should be money you can use

The passages state the principle that money you hold should be money you can use [1][2]. Velorin Pay is a payment card for people who keep part of their savings in stablecoins or crypto, converting at the moment of the tap so the shop receives its own currency [7]. Its founders started it because they could not spend stablecoins on groceries without a two-day exchange detour [2]. Crypto balances are held on the customer's behalf, separately from Velorin's own assets, and are not bank deposits [6].

Sources

• [1][2] Money you hold should be money you can use.
• [7] Hold crypto.
• [6] Terms of use

Answered from the Velorin Pay knowledge base.

Follow-up questions

• Money you hold should be money you can use. — The short history
• Hold crypto. — What it does
• Terms of use — 1. Who we are

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