Avalanche Launches Payment Ecosystem Alliance, with 28 Organizations Already Onboard

TechFlow News: On June 18, Avalanche announced the launch of the Avalanche Payments Collective, with 28 organizations already joining the coalition to jointly build payment infrastructure on the Avalanche network.

The coalition aims to integrate multiple domains, including settlement, stablecoins, funding infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stablecoin Committee.