Tether Is Investing $20 Million In Brazil's Mercado Bitcoin As Latin America Becomes A Bigger Bet For Tokenized Finance.
15 Articles
15 Articles
Tether, the Largest Global Stablecoins Broadcaster, Contributes R$ 100 Million to the Bitcoin Market
The Bitcoin Market announced an investment of R$ 100 million from the USDT-issuer, the world's largest stablecoin. The contribution will be used to accelerate the expansion of the Brazilian platform in areas such as tokenization, payments, credit, blockchain capital markets and other regulated digital financial services. The operation is the first closing of a larger round, which also includes the founders of the Bitcoin Market and the company's…
Tether Invests $20M In Mercado Bitcoin, Expanding Latin American Crypto Infrastructure
Tether is no longer content just issuing the world’s largest stablecoin. The company is now buying into the platforms where that liquidity moves. On Tuesday, the issuer announced a $20 million strategic investment in Mercado Bitcoin, a regulated Brazilian on-chain financial services platform, as first noted in the original report. The deal puts Tether directly inside one of Latin America’s most licensed crypto operations, with 4.5 million users,…
Tether Invests $20 Million in Brazil’s Mercado Bitcoin
Why Is Tether Investing in Mercado Bitcoin? Tether is investing $20 million in Brazilian crypto platform Mercado Bitcoin as part of a strategic financing round aimed at expanding onchain financial infrastructure across Latin America. The investment will support Mercado Bitcoin’s growth in tokenization, payments, lending, credit, and capital markets. The company, founded in 2013 as a crypto exchange, has expanded into a broader digital financial …
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