Catch up on all the latest Avalanche announcements, including South Korean stablecoins, K-pop’s latest Web3 venture, and Ethena’s new yield earning opportunities.
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Avalanche's Snow Report | September 2025

Capital Connecting on Avalanche…

  • New yield-earning tools arrived with Ethena and Pendle

  • FIFA launched new right-to-buy ticketing initiative

  • Titan launched a K-pop fan-tech engagement app

  • BDACS announced the official launch of a South Korean won-backed stablecoin

$300+ Billion Korean Asset Manager

September Spotlight 🔦

Institutional tokenization on Avalanche keeps growing. South Korea’s largest asset manager, Mirae Asset Global Investments ($300+ billion AUM), is joining the Avalanche ecosystem to launch new tokenization efforts. They join firms like BlackRock, VanEck, and Franklin Templeton in backing onchain finance.

Learn more here.

Network Highlights

Up—And to the Right ↗️

Businesses and institutions are increasingly turning to Avalanche when it comes to tokenizing real-world assets (RWAs). In September, the total value of tokenized RWAs on Avalanche reached an estimated $740 million, placing it among the leading onchain RWA networks.

Source: RWA.xyz

Decentralized exchange (DEX) volumes on Avalanche have experienced incredible month-over-month growth, reaching a new all-time high of $1.19 billion in daily volume on September 24th. Weekly volume over the past two weeks has consistently exceeded $4 billion, levels not observed since early 2022. The monthly volume for September reached $17.4 billion, representing a remarkable 575% increase compared to one year ago.

Source: DeFi Llama

Explore more Avalanche network stats here

What's Hot

Titan Brings K-Pop to the C-Chain

Titan announced the launch of 2GATHR, a fan engagement app powered by the Titan’s very own TITAN Layer 1 chain on Avalanche. 2GATHR will empower fans to connect with artists through daily missions, content engagement, and community interaction, placing them at the heart of the K-pop experience.

Learn more here.

BDACS Launches a South Korean Won Backed Stablecoin

In a milestone for South Korea’s digital asset market, BDACS announced the first won-backed stablecoin. The KRW1 will be fully collateralized in won and issued on Avalanche. BDACS has also developed a comprehensive framework to support use of the KRW1 stablecoin, including issuance and management systems as well as a user-facing app supporting peer-to-peer transfers and transaction verification.

Learn more here.

Particle Network Introduces Universal Transaction Layer

The Particle Chain, built by Particle Network on a custom Avalanche L1, offers a universal transaction layer that gives builders and users more ways to interact across Web3. Particle Network’s goal is simplicity: one account and one balance that works across every chain.

Learn more here.

Ethena Introduces its Synthetic Dollar

Ethena integrated USDe and sUSDe to Avalanche, bringing one of the most widely adopted synthetic dollar systems into the network. Combining deep liquidity, a proven hedging mechanism, and yield-bearing potential, Ethena strengthens the foundation for the network’s DeFi ecosystem.

Learn more here.

INEX Plans Stablecoin Payments Initiative

INEX announced plans to advance stablecoin payments in South Korea. INEX, which offers new users 0% lifetime trading fees, will work with Ava Labs to pilot stablecoin payments across both online and offline environments. The partnership also aims to build a regulatory-friendly and resilient payment infrastructure.

Learn more here.

FIFA Launches Right-to-Buy (RTB) Ticket Access via Digital Collectibles

As anticipation builds for FIFA World Cup 26™, organizers announced the launch of a new ticketing approach through FIFA Collect. Powered by the FIFA Chain built on Avalanche, fans can gain early access to tickets by purchasing specific digital collectibles that grant a RTB for selected matches.

Learn more about the initiative here.

AvaCloud: Accelerating L1 Development

Why 100+ Global Enterprises Are Building on Avalanche

The recent Tiger Report shows how institutions are moving past speculation into real blockchain use. Stablecoins now rival Visa and Mastercard transactions in volume, and banks like JPMorgan and BlackRock are exploring tokenization, payments, and cross-border transfers.

That’s where AvaCloud comes in. Operating like the AWS of blockchain, it delivers no-code deployment of custom Layer 1s, full operations management, and predictable pricing. Most institutional Custom L1 Avalanche chains — including FIFA, SK Planet, and Suntory — run on AvaCloud, with testnets and mainnets launching in days, not years.

As Justin Kim of Ava Labs put it, “AvaCloud’s no-code approach means institutions focus on solving business problems, not managing technical complexity.”

For businesses and institutions, AvaCloud also helps integrate key features: KYC/AML-ready validators, encrypted but auditable eERC transactions, and Wallet-as-a-Service for secure key management.

Read the full report here.

Avalanche in the Press

Coindesk

Advancing Private Credit with On-Chain Rails with Morgan Krupetsky →

Blockonomi

Mirae Asset Brings $316B Muscle to Avalanche With New Tokenization Deal →

The Crypto Times

Toyota and Avalanche to Build Blockchain Robotaxis in Japan →

Decrypt

Bitwise Files for Avalanche ETF →

Wall Street Journal

Scaramucci-Backed Avalanche Treasury Company Launches With $550 Million Fundraising Plan →

Avalanche Podcasts & Broadcasts

  • Emin Gun Sirer joined the When Shift Happens podcast to offer a deep dive on all things Avalanche →

  • On Ep. 209 of DeFI Decoded, Luigi D'Onorio DeMeo talked about Avalanche becoming the trusted platform for business →

  • Morgan Krupetsky unpacks how decentralized rails are converging with traditional markets →

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