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New Colombian Bank Littio Switches Blockchain Network from Ether to Avalanche

New Colombian Bank Littio Switches Blockchain Network from Ether to Avalanche

Bitget2024/10/11 14:16
AVAX+0.23%ETH+0.40%

On October 11, Littio, a new Colombian bank, was switching its blockchain network from Ether to Avalanche to develop a product called Yield Pots that would allow users to earn interest on deposits made in U.S. dollars.Avalanche's low transaction fees and consistency were cited as reasons for choosing the chain.

The Avalanche Foundation launched a $50 million program last year to incentivize the development of real-world assets (RWAs) on its network.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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