Avalanche Launches Payments Collective Alliance
Avalanche has announced the launch of the Avalanche Payments Collective, with 28 organizations joining to collaboratively build payment infrastructure on the Avalanche network.
The alliance focuses on areas such as settlement, stablecoins, funding infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stable Token Committee, among others.
This move accelerates the integration of traditional finance and blockchain payments, benefiting Avalanche through institutional adoption.
Source: Public Information
ABAB AI Insight
Avalanche, as a Layer 1 public chain, continues its Subnets and institutional-friendly strategy with the Payments Collective, aggregating traditional asset management and crypto infrastructure resources through an alliance.
On the capital path, member institutions will invest funds and technology into the Avalanche payment track, shifting resources from traditional rails to blockchain settlement, motivated by the desire to reduce cross-border and real-time payment costs while capturing the scaling opportunities of stablecoins.
Similar to early payment alliances like Ripple and Stellar, as well as historical mixed experiments between SWIFT and blockchain, this round of Layer 1 public chains is transitioning from DeFi to institutional payment infrastructure, with Avalanche establishing competitive barriers through collective action.
Essentially, this is a reconstruction of the industry chain, deeply integrating traditional finance and blockchain in the payment sector, with mechanisms that lower entry barriers through stablecoins and compliance tracks, concentrating capital on networks with institutional endorsement and technical efficiency.
ABAB News · Law of Cognition
Single chains struggle to break through, alliances gather strength, and payment infrastructure relies on ecological density.
Traditional institutions enter, stablecoins bridge, and blockchain payments reconstruct global capital flows.
Short-term member expansion, mid-term product implementation, long-term Avalanche as an important payment track.