Colombian neobank Littio is switching its blockchain network from Ethereum to Avalanche to develop a product called Yield Pots that allows users to earn interest on their USD deposits, Foresight News reported. Avalancheâs low transaction fees and consistency are cited as reasons for choosing the chain.
The Avalanche Foundation launched a $50 million program last year to incentivize the development of real-world assets (RWA) on its network.
