Security
The CLPT is backed 1:1 by the Chilean peso in different accounts, so that at any time you can redeem or obtain more CLPT with your pesos. Also with total transparency so that they can see the status of CLPT, through smart contracts.
The first stablecoin associated with the Chilean peso on Bench Network.
Given the growing use of digital payments, and the evolution of stable currencies (stablecoins) for transnational payments or in economies with greater volatility, the use of this type of money for payments in more stable countries has also become imperative, where if Although the currency itself is not a major problem, the current payment systems are, where commissions and intermediaries make the final costs of transactions high, and transactional processes slow.
CLPT is precisely the new stablecoin (and means of payment) for all types of transactions in Chile and any person/company that has a relationship with the Chilean market, taking advantage of Blockchain technologies for this.
The CLPT is backed 1:1 by the Chilean peso in different accounts, so that at any time you can redeem or obtain more CLPT with your pesos. Also with total transparency so that they can see the status of CLPT, through smart contracts.
CLPT operates 24x7, on Bench Network so you can make payments at all times. It doesn't matter if it's in the early morning, late at night, or during peak hours of the day.
Any payment with CLPT is processed in a few seconds on a global network, with costs as low as cents, regardless of whether you move 1 peso or billions of pesos.