Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin, which is also available in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in collaboration with SenseiNode, Num Finance, Cedalio and Buenbit, among others.
Source: https://www.coindesk.com/business/2023/08/03/latin-american-crypto-company-ripio-launches-us-dollar-pegged-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines