Hassan Maishera
On Monday, the Avalanche Foundation announced via X that it has partnered with Densan and SMBC to explore new services for payments and settlements across Japan.
Densan processes payments at more than 65,000 convenience stores and retail locations nationwide. SMBC is one of Japan’s top three megabanks. The Partnership will explore stablecoin issuance, distribution, and settlement, powering remittances, B2B payments, and consumer transactions.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. AVAX is down 9.2% today and currently trades at $23.42 per coin.
