Latin American bank Littio abandons Ethereum in favor of Avalanche

ChainCatcher news, the new bank Littio in Colombia, Latin America, is switching its blockchain network from Ethereum to Avalanche for a product called Yield Pots, which allows users to earn interest on their dollar deposits.

Littio provides exposure to Yield Pots through a partnership with OpenTrade, a London-based company that develops yield products using real-world assets such as stablecoins and U.S. Treasury bills.