we already have millions of users

Brazil is Meli Dólar’s main focus, says Estivariz. According to the executive, the currency has had “good acceptance” in Brazil. Ignacio Estivariz, vice president of Fintech services at Mercado Libre, stated that the Meli Dólar stablecoin already has “millions of users” who have received the currency “through the benefits of the loyalty program or because…

Ripple Payments arrives in Latin America after alliance with Mercado Bitcoin

Ripple today announced its collaboration with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, to launch Ripple Payments in Brazil. This partnership marks a turning point in the adoption of cross-border payments based on cryptoassets, seeking to optimize financial transactions for companies. Bitcoin market becomes the first client in Brazil in using…

Brazilian prosecutors justify X’s closure on grounds of “national security”

Brazil’s Attorney General’s Office, through prosecutor Paulo Gonet, presented arguments to the Supreme Federal Court (STF) to support the ban on the social network X (formerly Twitter), owned by Elon Musk, a measure that has generated controversy in the country. The statement by the Prosecutor’s Office comes in response to multiple demands that question the…

Tether invests $100 million in Argentine company

Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands…