As part of a new initiative, three new stablecoins will be introduced for the Latin American market.
These will maintain price parity with the Mexican peso (MXN), the Colombian peso (COP), and the Brazilian real (BRL).
This was announced on May 24 by the decentralized financial protocol (DeFi) Num Finance, which is preparing the launch of these three stablecoins.
It said this is possible thanks to a US$1.5 million investment that the company has just received.
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