BlackRock Expands USD Institutional Digital Liquidity Fund on Avalanche

Avalanche has launched the **Avalanche Payments Collective**, bringing together 28 organizations across the payments infrastructure stack. **Founding members include:** - Major asset managers: Franklin Templeton, VanEck - Infrastructure providers: Anchorage Digital, Paxos, Kraken - Stablecoin issuers: Agora, Ethena, Paxos - Payment processors: Tassat, Axiym, Rain The collective spans operations across **150+ countries, 96 currencies, and approximately 22 billion payout endpoints**. The initiative addresses the complexity of global payments by coordinating liquidity, settlement, compliance, treasury management, custody, foreign exchange, and local payment networks on a single platform. Avalanche has been building its payments ecosystem over several years, with recent milestones including Axiym processing over $1.2B in volume and South Korea's NHN KCP launching an Avalanche L1 for payment modernization. [Read more](https://www.avax.network/about/blog/avalanche-payments-collective)

FIFA has deployed a custom Avalanche L1 blockchain to tackle ticket scalping at the 2026 World Cup, marking a significant real-world blockchain application. **Key Metrics:** - Over 100,000 ticket rights issued on-chain - $25M+ in Right to Buy (RTB) and Right to Transfer Ticket (RTT) transaction volume - Blockchain infrastructure runs invisibly to end users The system allows FIFA to track ticket ownership and transfers while preventing unauthorized resales. Fans interact with a traditional ticketing interface, with blockchain technology operating behind the scenes. This implementation represents one of the largest mainstream deployments of blockchain technology in sports, potentially setting a precedent for future major sporting events. [Read the full story](<https://www.coindesk.com/tech/2026/06/17/fifa-wanted-avalanche-s-blockchain-to-help-curb-world-cup-ticket-scalping-here-s-how-it-s-going>)

**Matt Hougan, CIO of Bitwise**, will speak at Avalanche Summit NYC on September 16-17. The event brings together: - Asset managers and fintech leaders - Payment providers and AI innovators - Policy makers and builders - Global institutions This gathering focuses on the practical direction of institutional crypto adoption, featuring voices actively shaping the industry's future. [Get tickets](http://avalanchesummit.com)

A temperature check proposal for Aave V4 deployment on Avalanche is now available for community review. **Key Points:** - Aave V3 currently ranks as a leading protocol on the Avalanche network - V4 would introduce expanded functionality for liquidity management, market structures, and real-world assets (RWAs) - The new version features redesigned architecture developed over two years - V4 maintains integration with Chainlink oracle infrastructure, which currently secures tens of billions in V3 The proposal represents a potential upgrade path for DeFi operations on Avalanche, with the community temperature check serving as an initial gauge of support for the deployment.

**Avalanche Summit New York** is positioning itself as a key networking event for the blockchain industry, scheduled for September. The event aims to facilitate: - New business partnerships and client connections - Career opportunities and talent recruitment - Idea exchange among founders, developers, and investors The summit targets professionals across the Avalanche ecosystem, including institutions, creators, and operators looking to advance their projects and careers. Tickets and additional information are now available for those interested in attending.