A LatAm telecom operator is putting part of its finances on Avalanche

A LatAm telecom operator is putting part of its finances on Avalanche

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Latin American telecom operator VIVA is putting part of its financial plumbing onchain through Iris, a new network that wants to help mobile carriers turn their customer relationships and distribution networks into payments and other financial services.

VIVA, which has operated in Bolivia for more than 25 years and recently expanded into Mexico, is the first carrier live on Iris.

It is using USDi, the network’s dollar-backed stablecoin issued by stablecoin infrastructure firm Agora, to settle transactions and hold eligible operating reserves in dollars instead of local currency.

Iris is led by CEO Jules Miller, a former partner at IBM Blockchain Ventures who helped launch the company’s blockchain venture group.

“Iris is the financial network for telecom operators,” Miller told CoinDesk in an interview.

Carriers, she explained, can plug their identity, billing and distribution systems into the network, activate different services and settle activity in U.S.

dollars without replacing their core infrastructure.

Iris debuts with a $43 million commitment from Balesia Group, a family office with telecom businesses across the Americas.

The broader bet is that carriers can capture more of the economics generated by infrastructure they have spent decades building.

Between 2012 and 2025, global mobile data traffic grew more than 50% annually while operator service revenue increased less than 1% per year, according to McKinsey figures cited by Iris.

Analiz: Piyasa hareketliliği devam ediyor.