Quito, Ecuador , June 29, 2021 (GLOBE NEWSWIRE) — On June 9, 2021, El Salvador became the first country to adopt Bitcoin as a legal tender. There are indications that other Latin American countries will soon do the same, especially those with struggling economies.
Latam Coin Protocol, a financial technology company, believes that with this trend, it’s time to get serious and introduce a cryptocurrency specifically for the 26 Latin American countries, hence the announcement of Latam Coin.
Latam Coin provides a platform for the more than 600 million people living and working in Latin America to have a better future. The coin is based on the Binance Smart Chain (BSC), making it safe, secured, and easy to use by businesses and individuals. It offers accessibility of technology, compatibility between chains, and users can quickly convert Latam to local currency to make payments for goods and services.