The nCOP incorporates the “Num yield feature,” which allows user rewards to be paid in nCOP. Num Finance CEO Agustín Liserra said:
“In Colombia, there exists a unique opportunity to ‘tokenize’ remittances and offer them a yield in nCOP, based on regulated financial products. Currently, Colombia is one of the main recipients of remittances in Latin America.” This is the third stablecoin the company has produced — after the nARS pegged to the Argentinian peso and the nPEN pegged to the Peruvian sol.
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