Avalanche (AVAX) price traded just in the green on Tuesday morning as most cryptocurrencies held near key levels amid ongoing market weakness. However, investor attention on the altcoin could rise as South Korea’s KB Kookmin Card accelerates the development of a stablecoin-based payment model on the Avalanche network. AVAX price hovered around $8.94 during early Asian hours, up 1.7% in the past 24 hours. Hybrid stablecoin card payments KB Kookmin Card, one of South Korea’s largest credit card issuers, has announced its move to build a hybrid payment system that integrates blockchain-based stablecoins into its existing card infrastructure. The financial institution is collaborating with Avalanche and digital asset provider OpenAsset.
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