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Settle Network and Stellar are Issuing Two Stablecoins in Latin America

Amy Liu

Summary: Settle Network and Stellar have created two stablecoins for the Latin American market. The ARST is tied to the Argentine peso, while the BRLT is tied to the Brazilian real. Settle Network is the largest digital assets settlement network across Latin America for exchange and cross-border payments, while Stellar is a blockchain created by Ripple ...

Settle Network and Stellar have created two stablecoins for the Latin American market. The ARST is tied to the Argentine peso, while the BRLT is tied to the Brazilian real. Settle Network is the largest digital assets settlement network across Latin America for exchange and cross-border payments, while Stellar is a blockchain created by Ripple co-founder Jed McCaleb to provide an infrastructure capable of connecting financial institutions via cryptocurrency payments. The stablecoins should make remittances between the two economies easier.

By Amy Liu

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