LatAm telco VIVA taps Avalanche-based Iris for stablecoin settlement and dollar reserves
4 Articles
4 Articles
LatAm telco VIVA taps Avalanche-based Iris for stablecoin settlement and dollar reserves
Founded by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.
VIVA, a telecommunications operator with a presence in Bolivia, began to use the Iris network, built on Avalanche, to liquidate operations with USDi and maintain operational reserves eligible in dollars. The project seeks that mobile companies monetize their customers, identities and distribution networks without replacing their main systems. *** VIVA is the first operator active in Iris and will use USDi, a stablecoin issued by Agora, for liqui…
A LatAm telecom operator is putting part of its finances on Avalanche
Founded by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.
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