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Is this correct?: Any wallet/app can now spend the assets

there are individual transformers for and they scan a merchant-generated code. They do not need to be "Flexa-enabled". Any wallet/app that integrates code to be Flexa-enabled can generate their own code and they will each have their own collateral pool.

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Yes, that's correct. If an app is integrated with Flexa via the Spend SDK, capacity is supplied by that app's collateral pool. For any other app on a supported network (apps that are not Flexa-enabled), capacity is supplied by the respective network's Transformer.

Hey. I’m just curious, since you’re supporting Avax, why does Avalanche not have its transformer too?

Xavi
Hey. I’m just curious, since you’re supporting Ava...

The question is not “why not” but “when”… we had to start somewhere, and will definitely be looking at expanding transformer support soon.

Vili
We can see also stable coins as transformers ?

Right now transformers are only for blockchain/distributed ledger networks, not assets

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