Breaking News | Avalanche strongly moves into the communications sector
Latin telecom company VIVA became the first communications operator to work directly on Iris, a financial network built on Avalanche and designed to connect telecom companies with settlement, payments, and Stablecoins services.
💰 The network launches with support of $43 million from Balesia Group, while VIVA uses the dollar-backed USDi to settle transactions and hold operational reserves in dollars.
Most importantly?
This puts Avalanche $AVAX in front of a real-world use case that goes beyond trading, toward the financial infrastructure of telecoms and payments.
Are we seeing the start of Stablecoins and RWA expanding into the telecom sector?
#AVAX #Avalanche #Stablecoins #RWA #crypto
Latin telecom company VIVA became the first communications operator to work directly on Iris, a financial network built on Avalanche and designed to connect telecom companies with settlement, payments, and Stablecoins services.
💰 The network launches with support of $43 million from Balesia Group, while VIVA uses the dollar-backed USDi to settle transactions and hold operational reserves in dollars.
Most importantly?
This puts Avalanche $AVAX in front of a real-world use case that goes beyond trading, toward the financial infrastructure of telecoms and payments.
Are we seeing the start of Stablecoins and RWA expanding into the telecom sector?
#AVAX #Avalanche #Stablecoins #RWA #crypto
