Avalanche Launches 6% Euro Savings Accounts in Latin America, Enhancing Financial Services
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Financial Service Innovation: In 2025, Colombian fintech Littio launched euro-denominated IBAN accounts on Avalanche with a 6% annual yield, targeting users facing currency devaluation, thereby enhancing financial inclusion in Latin America.
- Cross-Border Payment Facilitation: The account allows users to open and manage euro accounts instantly, supporting cross-border payments and eliminating traditional banking barriers, which is expected to attract users looking to mitigate currency depreciation risks.
- Payment Card Launch: In March 2025, the Avalanche Foundation introduced the Avalanche Card, enabling users to spend crypto at fiat-only merchants, accelerating the everyday application of cryptocurrencies and likely driving user growth within the Avalanche ecosystem.
- Developer Support Expansion: Avalanche partnered with Bitget to invest $10 million in Web3 education and development in India, aiming to foster local developer growth through scholarships and hackathons, thereby enhancing Avalanche's influence in the global market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
