Littio Expands Dollar-Based Savings with OpenTrade Via Avalanche for LatAm users

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TheNewsCrypto 20h ago

Littio Expands Dollar-Based Savings with OpenTrade Via Avalanche for LatAm users - TheNewsCrypto

Quick Summary:

Littio, a Colombian Neobank focusing on tackling the currency depreciation issue for Latin Americans via different dollar-based product offerings, has begun leveraging OpenTrade’s real-world asset (RWA)-backed yield vaults, or “Yield Pots,” via the Avalanche blockchain network.

Users may store, move, and spend money in-app or with a Littio debit card by using Littio’s easy, quick, and inexpensive peso to dollar (USDC) conversion.

Tens of thousands of users of Littio’s mobile banking app are overcoming a common obstacle in the LatAm banking industry: the inability to access dollar-based savings accounts.