Littio announced the launch of EURO IBAN accounts offering 6% annual yields, leveraging EURC stablecoin and OpenTrade's platform on the Avalanche blockchain.
EURO IBAN Accounts for Latin America
Littio's EURO IBAN accounts aim to address currency devaluation and limited access to stable savings in Latin America. Users can: instantly open euro-denominated accounts, earn 6% annual yields, send and receive cross-border payments, and maintain savings without minimum balance requirements.
How It Works
Accounts powered by Circle’s EURC and OpenTrade's Yield Pots on the Avalanche blockchain. EURC is a euro-backed digital asset enabling faster transactions and lower fees. OpenTrade offers real asset-backed yield products like U.S. Treasury Bills, structured credit, and supply chain finance.
Why Latin America Needs Stable Currencies
High inflation and volatile local currencies result in limited access to global financial products. Littio provides zero minimum balance accounts, instant account creation, and transparent on-chain transactions. This is beneficial for freelancers, migrants, businesses, and students.
By transitioning to Avalanche's high-speed, low-fee network, Littio offers faster and scalable financial products, promoting financial inclusion for users.
