Polygon Network Embraces Colombian Peso Stablecoin nCOP - Crypto Adoption on the Rise?

A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday. The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as "overcollateralized" in a way that "guarantees rock-solid stability and security."...