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Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

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Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.

"Currently, Colombia is one of the main recipients of remittances in Latin America, with nearly USD 10 billion flowing into the country," Agustín Liserra, CEO of Num Finance, said in a statement."Num Finance aims to provide a new possibility for people to send and receive nCOP as remittances and receive a yield on it."

Num Finance already issues Argentine peso and Peruvian sol stablecoins, and previously laid out plans to

 

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