Expert Says Avalanche Might Be the Upgrade TradFi Needs

Avalanche (AVAX) is becoming a key player in improving traditional finance. The network is known for its speed and ability to handle many transactions simultaneously. It is seen as a helpful tool for fixing outdated financial systems. Crypto and business expert Olivia Vande Woude believes that Avalanche will play a big role in the future of mainstream finance. In a recent X post , she said that Avalanche is not trying to replace current systems but to improve them. Avalanche To Improve Old Financial Systems According to Woude, one of Avalanche’s biggest benefits is helping old systems like SWIFT and Fedwire work better. Banks use these systems to send and receive large payments, but they can be slow and costly. Avalanche can make these systems faster and more efficient by allowing real-time settlement and better liquidity. This means money can move more quickly and with fewer delays. Avalanche can also improve trade settlement, the process of confirming and recording trades. Currently, it is slow and has too many steps. Woude believes Avalanche can make it faster and reduce mistakes. This would improve the system’s performance and lower the time and cost of each trade. Avalanche Can Improve Trading for Big Exchanges Big financial exchanges like CBOE and ICE often have issues with trade delays and price changes. Woude thinks Avalanche’s fast and decentralized system can solve this. With Avalanche, these exchanges could get faster trade execution, lower costs, and more accurate prices. This would benefit both the exchanges and their customers. Custodians, companies that hold and protect financial assets, still use slow batch processing systems. Woude says Avalanche can bring safer and faster methods to manage these assets. Avalanche’s smart contracts can also contribute to the derivatives market. The network can help with better margin calculation and risk management. As U.S. financial rules continue to change, many banks and companies are turning to tokenization. Woude says Avalanche is well-suited for this task. Its tools can help manage liquidity and reduce risk in funding operations. AVAX Makes Ethereum Faster For ETFs The protocol is compatible with Ethereum blocks. This means institutions can still use their existing smart contracts while gaining the benefits of a faster network. Interestingly, Ethereum spot Exchange Traded Funds (ETFs) have been approved for options trading. Avalanche could also help create on-chain financial products that follow ETF performance. Likewise, it can provide permissioned chains that follow financial rules, giving institutions the necessary control and compliance. Avalanche’s role in traditional finance has helped increase the popularity of its token AVAX in the crypto market. The digital asset has increased by 1.38% in the past 24 hours, trading at $19.20. Its daily trading volumes have soared by 7%, showing growing interest from large investors and institutions. The post Expert Says Avalanche Might Be the Upgrade TradFi Needs appeared first on TheCoinrise.com .

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