Contigo, fintech A Venezuelan bank that facilitates stablecoin payments is in talks with more banks operating in the country to integrate services linked to USD Coin (USDC) and USD Tether (USDT).
This was revealed to CriptoNoticias by Camilo Sánchez, co-founder and operations director of Kontigo. This took place within the framework of the Kontigo Business launch event, which took place on December 15 in Caracas, Venezuela.
According to Sanchez, “In discussions” with other national banks To expand our services.
Recall that Kontigo previously partnered with private banks Banco Nacional de Crédito (BNC), Banco Plaza, and Bancamiga to facilitate the exchange of dollars to USDC.
But Sánchez declined to say which of the roughly 30 banking institutions operating in Venezuela might be in discussions about possible consolidation.
Still, Jesús Castillo, Contigo’s executive director, said: Announced strategic partnership with Disglobal during the event. It specializes in the payments and financial solutions industry.
This partnership aims to enable the collection of digital assets At more than 40,000 sales locations nationwide. In this way, we aim to make it easier for businesses to implement direct payments in USDT.
This is also considering that Camilo Sánchez estimates that 1,000 Venezuelan companies are already using Kontigo for their international efforts, and that the platform handles around $200 million in transactions every day.
What will Kontigo bring in 2026?
The organization’s 2026 roadmap includes lending products and direct payment tools. All of this was propelled by the $20 million funding round that Kontigo managed to close.
Among the most relevant announcements, the implementation of credits in USDC or USDT backed by Bitcoin (BTC) stands out. According to Castillo, this system We aim to increase the leverage of companies and individuals Through major digital currency guarantee schemes.
In addition to this, Kontigo cards will be available soon in both virtual and physical formats. He said this will allow users to keep their savings in digital assets. We process payments in bolivars at the point of sale.
The company also plans to integrate Kontigo AI, its proprietary cryptographic artificial intelligence model. We help businesses organize their finances, predict cash flow, and automate finance within the app.
With these innovations, management aims to position the company to be worth more than $1 billion. According to Castillo, this is This is to “open the door to greater foreign investment in the country.”
(Tag Translation) Cryptomonedas
