Brazilian crypto exchange Mercado Bitcoin has raised $20 million in fresh investment from USDT stablecoin issuer Tether.
- Tether is investing $20 million in Brazilian crypto exchange Mercado Bitcoin to expand blockchain-based financial services across Latin America.
- Mercado Bitcoin, serving 4.5 million users, offers a broad financial platform including trading, tokenized products, credit, lending, and stablecoin payments.
- The investment will fuel expansion in payments infrastructure, tokenized investment products, lending, on-chain capital markets, and international growth.
Topics: Asset types, Institutional adoption, Integration with defi, Stablecoins digital cash, Asset manager initiatives, Rwa collateral lending
Tags: #tether #mercadobitcoin #latinamerica #stablecoin #tokenization #onchainfinance #investment #expansion #financialservices #brazil
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