Recently, Chilean Peso-pegged stablecoin CLPX launched on Stellar, hoping to gain traction in the remittance and copper markets.
Stablecoins pegged to the Chilean Peso are now available on the open-source Stellar payments network. However, users have yet to show interest in them. With that said, the Chilean company CLPX Inc has launched the first-ever Chilean Peso-pegged stablecoin dubbed the “CLPX” token.
Since the launch on Monday, Stellar Expert shows that it has seen a limited amount of volume. Based on their public ledger, it has a $12,689 volume from a total of 12,902 trades.
Of note, CLPX was designed to provide a cheaper alternative to traditional Peso-based remittances, with the firm utilizing the
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Source: Cryptocurrency - investing.com
