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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Leading digital asset trading firm Nonco has launched FX On-Chain—connecting traditional FX markets with stablecoin infrastructure–powered by Avalanche. Unlike AMMs, FX On-Chain uses a request-for-quote (RFQ) model, sourcing pricing from institutional FX providers and brings:

1️⃣ Direct links to banks & stablecoin issuers
2️⃣ Atomic on-chain settlement
3️⃣ Access to real FX liquidity, 24/7 

$30B+ in volume last year, and they’re just getting started. 

Learn more: https://www.avax.network/blog/nonco-brings-institutional-fx-liquidity-on-chain-powered-by-avalanche