Littio is transferring its blockchain network from Ethereum to Avalanche

DailyNews

2024-10-09 22:44:13

Golden Finance reported that Littio, the new bank in Colombia, is converting its blockchain network from Ethereum to Avalanche to launch a product called Yield Pots, allowing users to earn interest through USD deposits. Littio provides exposure to Yield Pots through a partnership with OpenTrade, a London-based company that develops yield products using stablecoins and real-world assets such as US Treasury bonds. It is reported that Littio’s Yield Pots were launched in February and the volume has exceeded $80 million. Handler stated that Littio holds and reinvests $11-13 million in OpenTrade’s treasury each month.

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