Avalanche cryptocurrency is a platform developed by Ava Labs, which allows anyone to create their own multifunctional blockchains and decentralized applications (dApps). The system is designed to eliminate some of the limitations of older platforms, including low transaction speed, centralization and scalability. To do this, the project uses its own innovations. First of all, they include the unique Avalanche consensus protocol, which shows low latency, high throughput and resistance to attacks.

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Canza Finance launches Baki, a robust, reliable and scalable Forex service on Avalanche. Baki becomes the first synthetic DeFi market for African stablecoins.

1️⃣ The protocol facilitates the trading of synthetic stablecoins across a number of African fiat currencies. 
2️⃣ Baki is an infinite-liquidity exchange allowing for slippage-free swaps between African currencies.
3️⃣ These stablecoins are different from most; instead of being backed directly by the underlying currency, they’ll be backed by USDC.

Learn more here: 
https://www.avax.network/blog/avalanche-expands-forex-market-in-africa-with-canza

See how Baki works: https://baki.exchange/