• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Crypto moved US$29.1 billion in Colombia between July 2025 and June 2026

FinanceColombiaEl Tiempo35 s readAI summary
Image: El Tiempo

According to Colombia Fintech's first report on crypto assets, stablecoins and blockchain, presented on October 28, Colombia recorded US$29.1 billion in crypto activity between July 2025 and June 2026, growing 13.8% versus 9.8% for the region, based on Chainalysis data. Stablecoins account for about 48% of purchases on local exchanges. The association proposes repealing Superintendencia Financiera circulars and creating a comprehensive framework with coordinated supervision and a public registry of providers.

In 35 seconds

  • Colombia recorded US$29.1 billion in crypto activity between July 2025 and June 2026 and ranked fifth in Latin America on that indicator, according to Chainalysis.
  • Stablecoins account for about 48% of purchases on local exchanges.
  • Using crypto-based networks can cut remittance costs to under 2%, compared with 5-7% for traditional channels.
Read the full story at El Tiempo

IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.

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