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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
A LatAm telecom operator is putting part of its finances on AvalancheWorldPing
Image via CoinDesk.

What happened

Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.

Key facts

  • Reported by CoinDesk and published Wed, 16 Sep 2026 14:00:00 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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