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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Colombian Neobank Littio leverages OpenTrade to offer interest-bearing USD accounts on Avalanche, hoping to address currency devaluation for Latin Americans through its easy-to-use app!

OpenTrade has processed over $80M in transactions for Littio’s yield Pot product to date. In response to growing demand, Littio is transitioning its holdings from Ethereum to OpenTrade’s Rates+ vault on Avalanche 🫡

More info here: https://x.com/avax/status/1844047803745546713