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LATAM payment app MercadaPago to offer users bitcoin exchange and more via Paxos » CryptoNinjas

Paxos, a crypto companies platform, introduced immediately that MercadoPago, the monetary companies arm of LATAM market portal MercadoLibre, will offer its Brazilian clients the chance to purchase, promote and maintain Bitcoin, Ethereum, and the Paxos-issued US dollar-backed stablecoin USDP.

This is Paxos’ second LATAM integration this week, as Uruguay-based app Prex additionally built-in Paxos. Importantly, this information from Paxos, MercadoLibre, and MercadoPago represents one of many single largest accessways to stablecoins inside a non-crypto pockets to date.

“Any Brazilian user looking to hold US dollars can now do so seamlessly within MercadoPago by getting USDP. MercadoPago and Paxos have created the easiest way for Brazilians to get and hold USD with the native Brazilian real.”
– The Paxos Team

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