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Simplex to Support Entry into Stablecoin Market Following Avalanche Pilot

2025/08/21 18:20 (Updated 2025/08/22 07:01)
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Written by H.Yoshii
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Simplex to Support Entry into Stablecoin Market Following Avalanche Pilot

Pilot Test of Stablecoin Transfer Network

On the 21st, major financial systems developer Simplex and US-based Ava Labs announced the results of their joint pilot test for a stablecoin transfer and payment network. Ava Labs is a key developer of the Avalanche blockchain. In this pilot, Simplex's 'Simplex Stablecoin' issuance and redemption system was tested in conjunction with Ava Labs' blockchain infrastructure service 'AvaCloud'. The experiment focused particularly on improving availability (system operational continuity) and latency (delay in processing time).

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Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.