Stablecoins Transform Cross-Border Payments with Significant Growth
Stablecoins Transform Cross-Border Payments with Significant Growth
馃捀 Stablecoins Just Broke Records
A dedicated blockchain solution using programmable stablecoins, built with AvaCloud, has demonstrated remarkable impact on cross-border payments:
- GrabPay saw 400% transaction growth
- Alipay+ gained 6 new active users
- 12 applications now operate across 9 countries
The Bridge Stablecoin initiative is enabling:
- Streamlined cross-border transactions
- Efficient global payouts
- Direct USD-denominated payments without local currency conversion
This transformation allows global users to receive dollar payments seamlessly, marking a significant shift in international payment infrastructure.
What happens when you reshape FX and cross-border payments with programmable stablecoins on a dedicated chain built with @AvaCloud? The result: 400% rise in GrabPay transactions, 6脳 more Alipay+ users spending, and 12 apps active across 9 countries. True 馃敽 doption.
馃寧Tourists were ready to pay. Merchants weren鈥檛 ready to accept. By bridging @GrabSG's local merchant network and @AlipayPlus鈥檚 international wallets, StraitsX enables seamless cross-border payments with real-time FX, instant settlement and zero disruption at checkout. Discover
Dinari Launches Financial Network for 24/7 US Equity Trading on Avalanche
Dinari Global introduces the Dinari Financial Network, a new Layer 1 blockchain powered by Avalanche for tokenized US equities trading. The network offers: - 24/7 access to over 150 US stocks including AAPL, TSLA, NVDA - 1:1 backed dShares with full shareholder rights - Global accessibility across 85+ countries - Governance by major institutions including Gemini, BitGo, VanEck The platform unifies issuance, liquidity, and settlement across chains, making US equities programmable and accessible beyond traditional market hours. [Learn more about Dinari Financial Network](https://www.avax.network/about/blog/dinari-launches-the-dinari-financial-network)
Chronicle Launches on Avalanche, Enabling Institutional-Grade Data Access
Chronicle has officially launched on the Avalanche network, marking a significant development for blockchain builders and institutional finance. - Provides **verifiable, institutional-grade data** for tokenized assets - Enables scalable on-chain finance applications - Integration follows successful verification on Jiritsu Network's Avalanche L1 - Franklin Templeton's on-chain assets now have real-time data access This infrastructure upgrade allows developers to build more robust financial applications with reliable data streams. The launch represents a step forward in bridging traditional finance with blockchain technology.
EXIT Festival Launches Bridge App for Onchain Festival Experience
**EXIT Festival** partners with Tixbase to bring 500,000+ festivalgoers onchain through the new Bridge Festival App, powered by Avalanche. The white-label platform offers: - NFT-based smart ticketing - Fraud-proof verification - Cashless payments - Fan engagement features - No blockchain expertise required EXIT Festival is the first major implementation, with 20+ festivals planned to follow. This follows the trend of mainstream ticketing adoption, with CM.com bringing 19M+ tickets annually onchain through venues like Van Gogh Museum and Amnesia Ibiza. Learn more: [Full Story](https://www.avax.network/about/blog/exit-festival-tixbase-festival-economy-onchain)
Argentinians Turn to Stablecoins Amid Economic Crisis
Argentina faces severe economic challenges with monthly inflation reaching 25% and strict USD controls forcing citizens into dangerous illegal cash exchanges (*cuevas*). @buenbit offers a safer alternative through Avalanche-powered stablecoins: - USD-pegged stablecoins for wealth preservation - Safe transactions without *cueva* risks - Protection from peso volatility This follows earlier reports of 200% inflation driving crypto adoption in Buenos Aires, where @BlockpayNetwork is working to provide crypto spending solutions for the unbanked. [Listen to full Avalanche Live discussion](https://open.spotify.com/episode/7quwkzVmTHoOhmr8GOJQsF)
Avalanche and Helika Launch Gaming Accelerator with $125K Funding Pool
The Avalanche Foundation and Helika Gaming have launched a new gaming accelerator program for both Web3-native and traditional game developers. Key benefits include: - Initial $25K funding (up to $125K for top performers) - Expert mentorship from gaming and blockchain leaders - Analytics and retention optimization tools - Technical support for Avalanche integration - Access to developer and investor networks The 3-month program welcomes experienced teams and promising newcomers developing mobile or desktop games. Selected participants will showcase their projects at a Demo Day. [Apply now](https://www.helika.io/helika-avalanche-accelerator)