Odaily Planet Daily News đ Mercado Pago, a subsidiary of Latin America's leading e-commerce Mercado Libre, announced the launch of the US dollar-pegged stablecoin Meli Dollar in Brazil, aiming to provide a practical and stable option for financial management. đ°
Mercado Pago Brazilian users will be able to buy and sell Meli Dollar using their Brazilian Real account balances without paying any fees. đ This move will provide users with a more convenient cryptocurrency trading experience and further promote the popularity of blockchain technology in Latin America.
In addition, Latin American crypto company Ripio will serve as a trading market maker on Mercado Pago. Ripio operates a trading platform and a wallet in the region, and has worked with Mercado Pago to develop Mercado Coin. đ
The Bitcoin market remains optimistic, but the performance of other cryptocurrencies still needs attention.
