No — they are two different currencies.
• Vio-Gems (💎) = what USERS buy with real money and spend on gifts, VIP, store items, etc. 1 USD ≈ 10,000 Vio-Gems. • Vios (🌟) = what HOSTS earn from gifts, private calls, and PK battles. Vios are converted back to real money during withdrawal.
Also: Free_coins — these are bonus coins you get from daily check-in, tasks, lucky spin, etc. They combine with your Vio-Gems balance for spending, but cannot be withdrawn.