Num Finance, a stablecoin issuer operating in Latin America, says nARS, a stablecoin pegged to the Argentine peso, is now trading on Ripio.
nARS is described as a “key pillar” in the company’s strategy. Num Finance aims to introduce other “real world assets” (RWA) as digital assets on the blockchain.
Num Finance shares that it enables markets to generate yields, loans, and other digital assets, enabled by local ramps and tokens.
Agustín Liserra, CEO of Num Finance, says their vision “transcends” the creation of a single stablecoin as he envisions a robust network of stablecoins and other RWAs.
Num Finance also announced the expansion of Num Stablecoins to Polygon, offering faster and more cost-effective transactions.
“A disparity often arises in financial offerings, favoring those residing where such products are developed. We see the potential in tokenizing Real World Assets and making them universally accessible through public networks. This will introduce advanced financial technology to regions where traditional finance remains outdated,” says Liserra.