Grupo Aval announced the launch of a new functionality within its dale! digital wallet: the possibility of buying, saving, investing and using digital dollars and euros in a simple way, without commissions and from your cell phone.
Grupo Aval developed the product in alliance with Akaunt, a Colombian fintech specialized in stablecoin infrastructure, and responds to the group’s vision of offering solutions for clients who are increasingly global, make purchases on international platforms or are frequently mobile.
The solution operates directly from the dale! app, where the user accesses the “Dollars and Euros” section, completes the validation process and can begin to operate without minimum amounts.
Balances in dollars generate a return of up to 5% annual cash, and the product includes a Mastercard card to make physical and virtual purchases in foreign currency in more than 210 countries and 100 million businesses worldwide.
Stablecoins with institutional backing
What differentiates this proposal from other cryptocurrency or digital dollar solutions in the Colombian market is its combination of stablecoin technology with the regulatory support and trust of Grupo Aval.
Akaunt built the infrastructure on its proprietary technology, which guarantees data protection and operational solidity under the financial group’s standards.
“At Grupo Aval we are offering innovative, world-class financial products that provide international solutions within everyone’s reach, combining cutting-edge technology, simplicity and, above all, the trust and institutional support that characterize us,” said María Lorena Gutiérrez, president of Grupo Aval.
A more global wallet
For José Manuel Ayerbe, CEO of dale!, the goal is to make having digital dollars or euros as natural and safe as handling pesos from your cell phone.
The solution is aimed at those who travel frequently, make purchases on international platforms, manage payments from abroad or simply seek to dollarize part of their savings with competitive profitability and the simplicity of an application they already use.
With this launch, go ahead! takes a significant step towards becoming a multi-currency wallet for everyday use, at a time when the demand for financial products in dollars in Colombia continues to grow, driven by the dollarization of savings, cross-border electronic commerce and the mobility of a middle class that is increasingly connected to the world.
