# Minteo > The Stablecoin Settlement Layer for Latin America Minteo helps businesses transfer money across Latin America using locally-pegged stablecoins backed by regulated reserves. Minteo helps businesses and financial institutions move money across Latin America using blockchain-based stablecoin infrastructure. With it, users can swap USD-based stablecoins to local currencies, tokenize and redeem digital assets, and streamline regional payouts via API. The company originally launched as an NFT marketplace but transitioned to stablecoin infrastructure in 2024. - Type: Company - Sector: Payments - Status: Active - Profile: https://thegrid.id/profiles/minteo ## Products - [Minteo Stablecoin Infrastructure](https://thegrid.id/profiles/minteo): Minteo Stablecoin Infrastructure implements local currency tokenization through fully-reserved stablecoins, enabling cross-border payments and real-world asset tokenization. The system provides API-first integration while maintaining regulatory compliance and monthly audit attestations. (Cross-chain Infrastructure, Live, Main Product) ## Assets - [COPM (COPM)](https://thegrid.id/profiles/minteo): COPM is a Colombian peso-pegged stablecoin issued by Minteo. It is used for e-commerce payouts, cross-border remittances, and swaps with other on-chain currencies. Minteo works with BDO to provide monthly attestation reports, ensuring holders can verify that reserves held in banks supervised by Colombian financial authorities match circulating supply. (Stablecoin) ## Links - [Main](https://minteo.com) - [Documentation](https://transparency.minteo.com) - [Twitter / X](https://x.com/minteonft) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP