Ava Labs contributes the Avalanche blockchain as the technical foundation for the fiat-pegged stablecoin infrastructure being developed under Japan’s regulated framework, in partnership with SMBC, Fireblocks, and TIS.
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Ava Labs, the developer behind the Avalanche blockchain, is expected to build the technological foundation for the stablecoin.
Ava Labs, the team behind Avalanche, intends to establish the 'basis' of the stablecoin using blockchain technology.
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