Colombia’s Littio Neobank plans to switch its real-world asset yield vaults from Ethereum to Avalanche due to the rising demand. The collaboration with OpenTrade enables users to earn stable returns on USDC balances backed by U.S. Treasury bills. Avalanche’s lower fees and faster transaction speeds make it more possible to support Littio’s growing customer base….
October 10, 2024 at 09:12 AM GST 2 mins read News Littio empowers Colombian users with interest-bearing USD accounts, enhancing financial access amid currency devaluation issues. The collaboration with OpenTrade enables users to convert pesos to USDC, unlocking significant savings and investment opportunities. By migrating to Avalanche, Littio leverages low fees and fast transactions, boosting…
Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s…