RWA DeFi protocol Num Finance will launch the Colombian peso stablecoin nCOP on Polygon

ChainCatcher news, according to official sources, the RWA DeFi protocol Num Finance will launch an over-collateralized stablecoin nCOP pegged to the Colombian peso on Polygon. This product will help businesses with real-time settlements and improve cash management efficiency.

According to data from the crypto platform RootData, Num Finance has completed a $1.5 million financing round, with participation from stablecoin developer Reserve, H2O Scouter Fund, Ripio Venture, VC3 DAO, and Auth0 CTO Matias Woloski.