Iris Puts a Telecom Operator’s Finances on Avalanche

For decades, telecom companies have built something financial apps would happily spend billions trying to recreate: a direct line to millions of customers. Iris wants to turn that advantage into a financial network, and its first live operator is Bolivia’s VIVA.Iris is working with VIVA to move part of the carrier’s financial operations onchain, using Avalanche as the underlying infrastructure. The company says the model can support stablecoin settlement, dollar-denominated reserves