Argentinian fintech firm Num Finance has launched nCOP, a stablecoin built on the Polygon network and pegged to the Colombian Peso. The project was backed by a $1.5 million pre-seed round led by investors such as Reserve and Ripio Ventures. Num Finance CEO Agustín Liserra said the Colombian market was targeted due to its size and the potential to tokenize remittances, which currently amount to nearly $6.5 billion. nCOP will reportedly offer yields of 8% to companies that choose the stablecoin over traditional remittance methods. Num Finance has previously launched nARS and nPEN, stablecoins linked to the Argentine peso and the Peruvian sol, and is exploring stablecoins linked to other currencies.