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      Latin American Telecom Operator VIVA Migrates Part of Its Financial Infrastructure to Avalanche via Iris

      PANews September 16 news, according to CoinDesk, Latin American telecom operator VIVA is moving some of its financial infrastructure onto the blockchain through a new network called Iris. Iris aims to help mobile operators convert customer relationships and distribution networks into payment and other financial services. VIVA, which has operated in Bolivia for over 25 years and recently expanded to Mexico, is the first operator to go live on Iris. It is using the U.S. dollar-backed stablecoin USDi, issued by stablecoin infrastructure company Agora, to settle transactions and hold eligible operating reserves in U.S. dollars rather than local currency.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud