🚨 Avalanche in August 🚨 A historic month of institutions, RWAs, and global finance going onchain: • Toyota is building a 4-L1 ICM prototype for vehicle financing & mobility • FRNT launched the first U.S. state stablecoin • Bowmore tokenized rare whisky bottles • SkyBridge Capital to tokenize $300M of hedge funds • JYPC launched the first approved JPY stablecoin • Dinari deployed a “decentralized DTCC” L1 for tokenized U.S. stocks • Chronicles released 140+ verifiable RWA data feeds • LSU Athletics unveiled Geaux Rewards with Uptop • Re introduced institutional-grade yield backed by T-bills & insurance • Circle Gateway went live on mainnet, unifying USDC balances • Keyring + Euler launched ZK-verified DeFi vaults • VISA added Avalanche support for USDC, PYUSD, USDG & EURC • Grayscale filed to convert its Avalanche trust into an ETF • SMBC Group & Densan teamed up with Avalanche to explore new nationwide payment & settlement services • The Crypto Company announced the first DAT for AVAX • FundBridge + Libeara launched ULTRA tokenized U.S. Treasuries • U.S. Commerce Dept. began distributing GDP data onchain Avalanche is where institutions, RWAs & global finance go onchain, and this was just August. 🔺 The effects are compounding. Recognition will follow. September is next.
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