Demex Daily #267: Avalanche Foundation Launches Visa Crypto Card

What’s Interesting Today:

The Avalanche Foundation has unveiled the Avalanche Card, a Visa cryptocurrency card enabling users to spend assets such as USDC and Wrapped AVAX. It links to a self-custody wallet with unique addresses for each asset and does not report transactions to credit bureaus. Initially, it will be available to residents in Latin America and the Caribbean, issued by Rain Liquidity, and is not FDIC-insured. This launch reflects the growing trend of cryptocurrency payment cards.

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Aventus has announced the launch of Aventus 2.0, aimed at strengthening its network for enterprise applications on Polkadot. This update will improve network performance through increased transaction volume, strategic partnerships with Layer 3 appchains, and a liquidity mining program for token holders. Additionally, a burn mechanism will reduce the token supply. The vision for Aventus 2.0, developed by MVP Workshop in collaboration with Scytale Digital, was approved by AVT token holders through a community governance proposal. The initiative includes a Layer 3 appchain model, enhanced engagement features, and a new collator rewards mechanism, all designed to position Aventus as a leader in enterprise blockchain solutions.

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