DeFi· ★★· bullish·

Bolivian operator VIVA moves part of its finances onto Avalanche

  • Iris is helping VIVA adopt stablecoins for settlements and reserves
  • The solution is built on the Avalanche blockchain
  • VIVA's existing telecom infrastructure is retained
  • Iris was founded by former IBM Blockchain partner Jules Miller
Why it matters: The case shows stablecoins and the Avalanche blockchain moving into the real corporate sector in Latin America.
Source: CoinDesk