Latin American bank Littio abandons Ethereum in favor of Avalanche

2024-10-10 08:30:19
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ChainCatcher news, the new bank Littio in Colombia, Latin America, is switching its blockchain network from Ethereum to Avalanche for a product called Yield Pots, which allows users to earn interest on their dollar deposits.

Littio provides exposure to Yield Pots through a partnership with OpenTrade, a London-based company that develops yield products using real-world assets such as stablecoins and U.S. Treasury bills.

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