Turkish cryptocurrency BiLira chooses AVA . platform
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Answer Turkish cryptocurrency BiLira chooses AVA . platform
Last Monday, the open source network AVA Labs that supports dAapps announced the integration of the stablecoin BiLira into its platform.
According to the official tweet, developers will now be able to create and use dApps seamlessly and at scale using BiLira.
.Tweet embed (TRYB), a stablecoin backed by the Turkish lira, is being integrated into the AVA. From testing through mainnet launch, people will be able to use and build decentralized applications with $ . mode smoothly and widely.
– AVA Labs (@avalabsofficial) June 8, 2020
In a blog posted on AverageAVA stated that the integration and cryptocurrency integration is a preparation for new, scalable, secure and fast solutions for users to access crypto markets using the Turkish lira.
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Vidal Ardetti, Director of Operations Desk for BiLira stated:
We believe in the power of AVA, and believe that it will revolutionize the blockchain ecosystem.
With a transaction throughput rate of 4,000 operations per second and a transaction end of less than two seconds, AVA is set to become a global standard for all stakeholders in the ecosystem.
Amin Gun Serer, co-founder and CEO of AVA Labs, said about the recent merger:
The platform’s performance and versatility combined with stablecoins like BiLira will help them create a powerful alternative to the traditional forex markets.
AVA will help stablecoins like BiLira push the limits of possibilities.
Based on the value of the Turkish fiat currency, BiLira is one of the largest stablecoin projects in Turkey.
BiLira aims to develop a seamless decentralized internet connection for Turkish citizens and empower them for a free, distributed and transparent global economy.
On the other hand, AVA Labs focuses on helping developers launch DeFi applications through its platform, giving them access to highly scalable and efficient networks.
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