copihue

⚠️ Copihue: the Chilean stablecoin that promises 1 CLP, are you taking the risk?

Copihue, the stablecoin born in Chile, says it aims for a parity of 1 CLP = 1 COP backed by dollars and Central Bank bonds, supported by a PwC audit that certifies $10 M in reserves. To date, the CMF has not granted it official permission, leaving a regulatory gap. If you put more than 5% of your portfolio into Copihue without verifying the real reserves, you could get trapped in a brutal de-peg and lose everything. My advice: review the contract, demand the audit report, verify that the reserve is held in segregated accounts, and keep your exposure minimal until the CMF regulates it. Have you taken a look at the report, or are you going in blindly?

#Copihue #StablecoinCLP #RegulacionChile #CMF

Not financial advice. Check before investing.

🚨 Circle injects $4M into Copihue: Is the U.S. fleeing to Chilean crypto?

Circle, the firm behind USDC, allocated US$4 million to the Chilean startup Copihue, the first local stablecoin backed by the peso. The investment took place amid heightened SEC pressure on stablecoin issuers in the U.S., suggesting that U.S. capital is looking for shelter in LATAM. This on-chain move already shows a net inflow of +$150M in USDC into Chilean wallets over the past week. Opinion: regulatory fear in the U.S. is fueling a new wave of liquidity in Chilean crypto. Will you follow the money to the zone with lower regulatory risk?

#CircleInvest #Copihue #StablecoinsLatam #RegulacionEEUU #InversionChile

Not financial advice. Verify before investing.