Friends, I'm back with my articles after a few days, Lulo Bank, a neo Colombian Bank includes a Stablecoin USDC with which it hopes to offer a higher performance and savings system for its clients.

Natalia Jiménez, CEO of Lulo X, explained that Colombia is one of the only countries in Latin America that does not allow having an account in both the local currency and a foreign currency.

Multicoin project

Iupana's post detailed that Lulo Bank announced that, before the end of the year, it will expand the cryptocurrencies available on its platform to include popular options such as Bitcoin, Ether and Eurocoin. This new functionality, called "multicoin," will allow users to make payments with different cryptocurrencies using the same debit card, giving them the flexibility to choose which currency to use in each transaction, Jimenez reported.

Inflation in Latin American countries is a threat to the economy of citizens who see their savings evaporate in their bank accounts. That is why in countries like Venezuela and Argentina citizens began to use cryptocurrencies as a safe haven and to protect their assets.

Friends, this is undoubtedly a step forward in the use of cryptocurrencies in Latin America and is moving towards their regulation.

In the United States, we already had the declaration of Democratic candidate Harris regarding cryptocurrencies, so the outlook is very positive. That is why it is important to be up to date with trading and investment knowledge in cryptocurrencies.

I thank my friends for their support.