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What is COLt?

Learn all about COLt, the Colombian peso token issued by Twin Finance, the first stablecoin issuer in LATAM. Discover how it works, what it's for, and its benefits.

Written by Armando
Updated over a month ago

Complete guide to COLt

COLt is a digital version of the Colombian Peso (COP). It maintains a 1:1 parity with the Colombian peso; that is, 1 COP equals 1 COLt.

👉 Click here to access the WhitePaper.

It is a Colombian peso stablecoin with multiple advantages 🤑

COLt is a stablecoin issued by Twin Finance S.A.S, a legal entity duly incorporated and regulated under the laws of the Oriental Republic of Uruguay, responsible for the issuance of the stablecoins available through the Platform.

For more information, visit https://www.twin.finance/.

Advantages of COLt

Ease of use: COLt allows you to exchange, move, or use your money at any time, simply and quickly.

Security: all issued tokens are over-collateralized with balances and assets.

What to do with COLt in belo? 🤔

You can use your COLt balances to 👇

  • Send: you can send COLt quickly and easily.

  • Pay in physical or virtual stores: with your belo LUX global card, paying directly with your balance.

  • Exchange for other cryptos: instantly and whenever you want, through the "Exchange" button.

For more information about what you can do in your country, visit this link 🔗

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