Num ARS NUARS Price N/A

NUM Finance builds stablecoins of Latin American currencies to facilitate access to cryptocurrencies and DeFi to millions of people and businesses:

• NUM Stablecoins run on Binance Smart Chain and soon in Ethereum Mainnet and Polygon
• NUM stablecoins can be issued with crypto and with fiat local currency as collaterals
• Users can swap NUM stablecoins for any other crypto at main decentralized exchanges with deep liquidity
• NUM partners, main local brokers and exchanges reach deeper market access and build financial services.

Num Stablecoins are centrally minted and issued by Num Finance. The act of minting consists in the execution of the function “minting” of the smart contract of the corresponding token. The Num Stablecoins minted can only be issued through the mechanisms that will be described in this section. Unlike other stablecoins, Num Stablecoins will have a hybrid collateralization system: they can be issued with the backing of other cryptocurrencies, fiat money and other assets. In a first instance, Num Stablecoins are going to be issued only through collateralization in other cryptocurrencies. 

Num ARS is a stablecoin pegged to the Argentina's Peso.