Avalanche Forms Blockchain Payment Infrastructure Alliance with 28 Firms

Avalanche has announced the formation of the Avalanche Payments Collective, a group of 28 organizations working together to develop blockchain payment infrastructure.

The collective covers various aspects of payment processing, including settlement, stablecoins, treasury tools, foreign exchange, custody, compliance, and merchant acceptance.

Participating companies include Franklin Templeton, VanEck, Anchorage Digital, Paxos, Agora, Ethena, Rain, Axiym, Tassat, and others.