Avalanche

Cointelegraph amplified the news that South Korea is moving its entire capital markets infrastructure onchain, powered by Avalanche. The Financial Services Commission and Korea Securities Depository are laying the groundwork to put stocks, bonds, and funds onchain, connecting the full capital markets to the network.

South Korea is bringing its entire capital markets infrastructure onchain, powered by Avalanche. The Financial Services Commission and Korea Securities Depository are laying the groundwork to put stocks, bonds, and funds onchain, connecting the full capital markets to the network.

Aave V4 deposits on Avalanche have climbed to nearly $20 million, setting fresh all-time highs week after week, according to Cointelegraph. The growth highlights rising DeFi activity on Avalanche's C-Chain.

• Aave V4 is the latest iteration of the Aave lending protocol, now seeing expanding use on Avalanche.
• The milestone reflects continued onchain lending growth on the network.

Ethena launched Ethena Pay, its "internet money neobank" built on Avalanche, now live for download on iOS. The app brings everyday banking onchain, letting users save, send, and spend USDe worldwide, with Avalanche powering the rails and the launch offering up to 6% yield and 10% cashback. Avalanche described Ethena as a "digital dollar giant," and the launch drew attention from the Avalanche and Cointelegraph accounts.

The Block subsequently published a closer look at Ethena Pay, framing it as a consumer neobank coming directly from the dollar issuer itself rather than a traditional bank or fintech wrapper.

Avalanche Summit NYC announced The Block as an official media partner for the September 16–17 event in New York City. The Block will conduct two days of interviews with the founders and executives building onchain finance, published live from the conference floor.

• On-the-record coverage will be delivered from the venue as sessions happen.
• The announcement follows CoinDesk's earlier confirmation as the summit's media partner, with The Block now adding another major crypto newsroom to the event's broadcast lineup.
• Tickets for the NYC summit are available via Avalanche's official link.

Cashlink, a European tokenization leader, is bringing its institutional securities infrastructure onto Avalanche. The company reports over €1B in transaction volume and 300+ successful live issuances, with its infrastructure already used by major institutions including KfW.

Three major U.S. asset managers — Bitwise, VanEck, and Grayscale — now hold a combined 5 million+ AVAX, according to Avalanche. Of that total, 3.49M AVAX is staked, including 80% of VanEck's holdings.

Avalanche Foundation economists are arguing for moving validator funding away from token inflation — the mechanism most layer-1s use to tax holders — toward zero inflation. The position was surfaced in a retweet on the Avalanche X account, which relayed a The Block report titled around economists wanting inflation at zero.

• Signals a shift in thinking about Avalanche tokenomics, likely tying into the Foundation's broader work on chain-level economic metrics like Gross Chain Income (GCI).
• Comes alongside the Foundation's push to reframe how Avalanche's on-chain economy is measured and funded.

Charles Schwab is adding AVAX to its Schwab Crypto offering, marking the brokerage's first expansion beyond Ethereum and Bitcoin. Schwab, home to roughly 40 million brokerage accounts, is the largest U.S. brokerage to support the token.

• AVAX becomes the third asset on the platform after BTC and ETH.
• Avalanche confirmed the move and pointed to its announcement for more detail.

Uruguay's AGESIC is piloting a cross-border digital ID system for Latin America built on Avalanche and LNet, in partnership with Blerify. The project runs as a decentralized trust registry where countries operate their own nodes, with trust metadata stored onchain while personal data stays off-chain, and is positioned as a regional cross-border identity infrastructure for LATAM.

• The initiative has drawn attention from ecosystem figures, including a post from John Nahas noting that digital identity doesn't work if it stops at the border — framing the Uruguay-Blerify work as building cross-border identity on Avalanche.