The post NEC Partners with Avalanche (AVAX) for Biometric Stablecoin Payments appeared on BitcoinEthereumNews.com.
Timothy Morano
Jul 10, 2026 13:49
NEC and Avalanche to explore biometric-verified stablecoin payments via a new multi-chain architecture. Whitepaper outlines privacy-first identity solutions.
NEC Corporation, a global leader in biometric technology, has signed a Memorandum of Understanding (MOU) with Ava Labs to explore identity-verified stablecoin payments on Avalanche (AVAX). The collaboration will focus on integrating NEC’s biometric FaceVC technology with Avalanche’s multi-chain blockchain architecture, aiming to simplify payments while preserving user privacy. The two firms will jointly publish a technical whitepaper proposing a two-layer architecture. NEC’s contribution centers on biometric Verifiable Credentials (FaceVC), which allow identity verification without storing biometric data on-chain. Avalanche’s blockchain infrastructure will provide th
The post 5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says appeared on BitcoinEthereumNews.com.
Grayscale has named five blockchains best positioned to gain as tokenized stocks push deeper into traditional finance. The asset manager pointed to Ethereum (ETH), Solana (SOL), Avalanche (AVAX), BNB Chain, and Canton Network. A new research note frames tokenized equities as one of the clearest signs of blockchain entering mainstream markets. Grayscale sees three models driving that shift, and each rewards a different set of networks. Three Models Moving Tokenized Stocks Onchain Grayscale head of research Zach Pandl laid out the three phases in the note. The first is the wrapper model, where a token represents shares held inside a special purpose vehicle. That structure holds more than 70% of tokenized stock value today. These wrapped tokens give holders price exposure rather than direct ownership. They appeal to retail traders because they fit decentralized finance and trade ar
Hyundai's blockchain pilot could accelerate corporate adoption of stablecoins, but regulatory challenges may vary across global markets.
The post Hyundai Motor completes $20,000 USDT transfer pilot on Avalanche appeared first on Crypto Briefing.
The post HYPE ETF Gains Spotlight as Bitwise Adds Hyperliquid to BITW appeared on BitcoinEthereumNews.com.
Key Takeaways: HYPE ETF exposure grew after Bitwise added Hyperliquid. DOT and AVAX exited the Bitwise index fund. Whale short positioning raised near-term downside risk. Bitwise added Hyperliquid (HYPE) to its Bitwise 10 Crypto Index ETF after the token outperformed most large-cap crypto assets in 2026. The rebalance added Hyperliquid crypto to a major index product, while Polkadot and Avalanche lost their positions. The HYPE ETF angle matters because index inclusion shifted the token from a high-beta trading asset into a managed portfolio product. That shift came as the HYPE token traded near $63.35, according to current market data. HYPE ETF Rebalance Puts HYPE Token Price in Focus Wu Blockchain reported that Bitwise added HYPE to BITW after Hyperliquid recorded $1.34 trillion in trading volume during the first half of 2026. The same update said the protocol generated $320 mill
The post NEC Signs MOU With Ava Labs to Build Face-Recognition AVAX Payments appeared on BitcoinEthereumNews.com.
Avalanche News NEC has signed a memorandum of understanding with Ava Labs, the developer behind Avalanche (AVAX), to jointly explore next-generation on-chain services built on the network. Announced on July 10, 2026, the deal pairs NEC’s biometric technology with the Avalanche blockchain to prototype a digital payments platform that uses facial recognition to authorize stablecoin transactions. The company’s official disclosure frames the collaboration around decentralized identity and verifiable credentials (DID/VC), aiming to balance security with user convenience. It marks one of the more concrete enterprise commitments to Avalanche this year, targeting real-world settlement rather than speculative use cases. The accompanying white paper details an initial service aimed at inbound tourists visiting Japan. Under the design, a visitor would receive a digital ID before arriv
The post Hyundai adopts stablecoins for cross-border treasury transfers appeared on BitcoinEthereumNews.com.
Hyundai, the world’s third-largest carmaker by vehicle sales, moved a stablecoin-based, cross-border, internal remittance system into production readiness on the Avalanche blockchain, becoming the first major South Korean company to do so. “Hyundai is the first major enterprise to publicly announce this type of implementation on Avalanche, but the initiative represents more than a technical experiment,” said Justin Kim, head of APAC at Ava Labs, which develops and supports the blockchain platform. “This is already a real treasury management use case, not a sandbox — the pilot moved live USD and USDT between Hyundai Motor’s U.S. and Mexico entities,” The international transfer comes as stablecoins gain traction beyond crypto trading. Large companies are increasingly testing the technology to move money between subsidiaries, settle cross-border payments and reduce the cost and tim
The post Avalanche (AVAX) Price Forecast: What to Expect by 2031 appeared on BitcoinEthereumNews.com.
Key Highlights AVAX is currently priced between $6 and $7 with a market capitalization hovering around $2.9 billion Moderate scenario projects AVAX reaching $80 to $150 driven by enterprise adoption and DeFi expansion Optimistic scenario envisions AVAX climbing to $300–$500 if institutional tokenization gains significant momentum Conservative scenario places AVAX between $15 and $30 should Ethereum and Solana dominate the market Weighted average price projection for 2031 stands at roughly $145 Avalanche positioned itself as a formidable challenger to Ethereum during the previous market cycle. The platform’s high-speed transactions, minimal transaction costs, and flexible subnet architecture attracted both developers and institutional players throughout the last bull run. While AVAX has retreated significantly from its historical peak, development activity on the network continues witho
The post Avalanche 1,326% Upside: Should You Sell AVAX? appeared on BitcoinEthereumNews.com.
Avalanche’s 1,326% upside case cites tokenization, payment projects, ETF plans, and quantum security debate for AVAX. Avalanche is back in focus after a market analysis pointed to a large upside case for AVAX. The view argued that selling near current macro lows could carry risk. The analysis cited a Standard Chartered projection suggesting a possible 1,326% return by 2029. That figure was presented as a long-term scenario, not a confirmed outcome. The AVAX discussion comes as institutions continue exploring real-world asset tokenization and blockchain payment rails. These areas remain key themes across the wider crypto market. Avalanche has also been linked to ETF plans, ticketing, tokenized assets, and payment projects. Traders are now watching whether these developments can support stronger demand. AVAX Upside Case Draws Market Attention The 1,326% upside case was linked to a Standard Charte
Avalanche’s 1,326% upside case cites tokenization, payment projects, ETF plans, and quantum security debate for AVAX. Avalanche is back in focus after a market analysis pointed to a large upside case for AVAX. The view argued that selling near current macro lows could carry risk. The analysis cited a Standard Chartered projection suggesting a possible […]
The post Avalanche’s 1,326% Upside Case: Is Selling AVAX Now a Huge Mistake? appeared first on Live Bitcoin News.