VelaFi, Latin America’s leading stablecoin-based financial infrastructure provider, and Minteo, the issuer of COPM—a stablecoin backed 1:1 by Colombian pesos—announce a strategic alliance to offer clients across the region efficient and secure access to local currency in Colombia.

Colombia is not only one of the most dynamic financial markets in the region but also a strategic hub for connecting commercial and financial flows with Asia. The growing relationship between the two continents, driven by trade, investment, and supply chains, is generating an increasing demand for payment solutions that combine local liquidity with international reach. In this context, nearly 13.7% of fintechs in Colombia already integrate stablecoins into their operations—a figure expected to double by 2027 according to the Finnovista Fintech Radar 2025—reflecting a rapidly expanding digital infrastructure market where stablecoins are becoming a pillar of efficiency and competitiveness.

The alliance between VelaFi and Minteo addresses this demand by combining VelaFi’s international infrastructure with Minteo’s local and regional strength. Minteo contributes its COPM stablecoin—backed 1:1 by liquid reserves held in regulated banks and audited monthly—along with a distribution network already used by dozens of companies in Colombia. VelaFi, in turn, integrates this access into its ecosystem, enabling faster, safer, and more efficient transactions between LATAM and Asia.

This collaboration introduces a solution that combines the stability of stablecoins with globally operational infrastructure, offering companies, platforms, and cross-border operators the ability to convert and move funds in Colombian pesos (COP) without the delays, costs, and friction of traditional systems. This enables smoother trade between Colombia, the rest of LATAM, and strategic markets such as Asia.

Beyond addressing current international trade needs, this integration lays the groundwork for a more interconnected financial ecosystem. Demand for stablecoin-backed local currency payments continues to grow in Colombia, driven by the rise of e-commerce, foreign investment, and the need for more efficient settlement methods. In this context, the synergy between VelaFi and Minteo not only optimizes access to Colombian pesos for international companies but also accelerates the adoption of digital payment infrastructure throughout the region.

“At Minteo, we believe that the future of finance in Latin America depends on connecting local economies with the global digital economy. Through this alliance with VelaFi, we take a decisive step toward enabling companies from Asia and the region to access Colombian pesos directly, transparently, and at scale. We are building the bridge that connects global liquidity with Colombia’s real economy—and from there, with the rest of the region,” said William Durán, CEO of Minteo.

“This alliance strengthens our commitment to connecting LATAM with Asia through modern and secure infrastructure,” said Hongyi Tang, VP for LATAM at VelaFi. “By integrating a stablecoin backed by Colombian pesos, we expand the possibilities for our clients to access strategic markets and operate without the constraints of traditional payment systems.”

More than a technical integration, this collaboration redefines how companies connect with Colombia and, from there, with the rest of the world. Together, VelaFi and Minteo combine their capabilities to deliver faster, more transparent, and scalable operations—strengthening the region’s competitiveness on the global stage.

About VelaFi

VelaFi is a stablecoin-powered financial infrastructure platform for global businesses. Operating across Latin America, the United States, and Asia — with global expansion underway — VelaFi provides end-to-end solutions for cross-border pay-ins and pay-outs, multi-currency accounts, FX conversion, liquidity management, settlement and reconciliation, and compliance reporting.

Through enterprise-grade APIs, the platform connects to local rails, bank transfers, and stablecoin networks, giving businesses a single infrastructure to move funds globally with speed, transparency, and regulatory confidence. VelaFi serves industries including cross-border e-commerce, international trade, fintech, and Web3 — powering the next generation of global commerce.

About Minteo

Minteo is the leading issuer of local stablecoins in Latin America. Its flagship asset, COPM, is backed 1:1 by Colombian pesos held in regulated financial institutions and audited monthly by internationally recognized firms. The company also operates under a solid regulatory framework, being authorized by the Bermuda Monetary Authority under the Digital Asset Business Act.

The company has developed a payment and disbursement infrastructure that connects fintechs, banks, exchanges, and corporations across the region, enabling local currency transfers with the efficiency and transparency of digital technology. With expansion plans into Mexico, Brazil, Chile, and Peru, Minteo is advancing the creation of a financial operating system for Latin America—designed to facilitate the region’s full integration into the global digital economy.