The Kontigo app shows that the credits could be 1,000 USDC.
Kontigo allows you to operate, manage and access liquidity in stablecoins.
The Venezuelan fintech Kontigo has introduced an update to its mobile application that suggests the implementation of a cryptocurrency credit system for its users in the country.
As seen in the platform interface, The company plans to offer lines of credit that could reach 1,000 USD Coin (USDC).
This stablecoin, linked to the value of the US dollar, would allow customers to access direct financing through their mobile devices, although the specific eligibility requirements and the exact date on which this service will become fully operational for the general public are still unknown.
The organization has consolidated its presence in the local market by allowing citizens to trade, manage and access liquidity through the use of stable digital currencies such as USDC and USD Tether (USDT).
This infrastructure seeks to offer financial alternatives in an environment where access to traditional bank credit has been limited during the last few years. The possibility of obtaining financing in cryptocurrencies would represent an advance in the integration of new financial technologies within the Venezuelan economy, facilitating the use of global payment tools for everyday consumption.
The development of this product is part of a broader roadmap of the organization that contemplates the introduction of various financing tools by 2026. Added to this proposal is the upcoming launch of the Kontigo card, as reported by CriptoNoticias. The card will be available in physical and virtual formats to allow users to keep their funds in digital assets while making payments in bolivars at national points of sale.