Foresight News reports that the Web3 payment gateway Simplex is collaborating with Ava Labs on a proof-of-concept experiment, combining Simplex's stablecoin issuance and exchange system Simplex Stablecoin with Ava Labs' blockchain infrastructure service AvaCloud to achieve financial service-level availability and low latency. The validation results show that it has achieved high availability while processing with high throughput and finality latency of less than 1 second.
Simplex Collaborates with Ava Labs on a Proof-of-Concept Experiment Combining Simplex Stablecoin and AvaCloud
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