Three separate teams are working to bring the Brazilian Real onchain on @avax this year.
Brazil already runs on mobile payments, so stablecoin adoption has a head start 🔺
JUST IN: 62% of banks expect blockchain to be standard in their business within two years via “The Onchain Readiness Report”
Among financial businesses surveyed, it’s already standard for:
- 58% of payments companies
- 46% of brokerages
- 42% of fintechs/neobanks
As finance moves onchain, Avalanche is uniquely built for the products and services that they offer.
How is Brazil actually using DeFi right now? @Team1BR: staking, LPing, and holding spot.
Less volatile trading, more positions that don't need watching. Worth knowing if you're building for this market 🔺
JUST IN: Charles Schwab identifies Avalanche as a leader in RWAs and institutional use cases.
New research from @CharlesSchwab points to custom L1s and high-utility financial activity as key differentiators for the network.
NYSE planeja implementar negociações 24/7 on-chain por meio de sua plataforma ATS em desenvolvimento.
“À medida que avaliamos diferentes plataformas, a Avalanche atende a muitos dos nossos requisitos, por isso estamos em contato próximo com a equipe.”
- Michael Blaugrund, da Intercontinental Exchange, controladora da NYSE.
Education is the blocker @Team1BR is seeing, so their answer is to start with the people who’ll be building the future.
They’ve run a university tour, brought teachers into the community, and walked students through the Builder Hub.
Adoption starts earlier than most people think 🔺
Next week will be dedicated to @Team1BR.
We caught up with @pablexxeth to hear what's actually happening in one of @avax's biggest communities, and what they want from a DEX.
We'll be sharing what came out of it all week - so stay tuned 🔺
We asked @pablexxeth what makes a DEX on @avax approachable to new users.
His answer: how connected the protocol is to its community, then clear incentives, clean UX, simple onboarding, and enough liquidity that it feels safe to trade into.
That's the brief we build to 🔺