{"id":135994,"date":"2024-08-22T10:30:04","date_gmt":"2024-08-22T07:30:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135994"},"modified":"2024-08-22T01:33:56","modified_gmt":"2024-08-21T22:33:56","slug":"latin-e-commerce-giant-launches-new-us-dollar-pegged-stablecoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/latin-e-commerce-giant-launches-new-us-dollar-pegged-stablecoin\/","title":{"rendered":"Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin"},"content":{"rendered":"<p>Named Meli Dollar, this stablecoin is set to provide Brazilian users with a stable and efficient financial tool.<\/p>\n<p>According to the <strong><a href=\"https:\/\/www.coindesk.com\/business\/2024\/08\/21\/latin-american-e-commerce-giant-mercado-libre-launches-us-dollar-tied-stablecoin\/\" rel=\"nofollow\">announcement<\/a><\/strong>, users of Mercado Pago in Brazil can now purchase and trade Meli Dollar using their accounts in Brazilian reais without incurring additional fees. This development aims to offer a dependable solution for managing finances amid economic uncertainties.<\/p>\n<p>Mercado Libre has been increasingly embracing cryptocurrency, having launched Mercado Coin in August 2022, which enables users to shop and earn cashback on the platform. Additionally, Mercado Pago previously teamed up with Paxos to incorporate its blockchain technology, allowing Brazilian users to handle Bitcoin, ether, and Paxos\u2019 stablecoin, USDP.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135964\" href=\"https:\/\/cryptodnes.bg\/en\/stay-away-from-cardano-and-xrp-warns-ex-goldman-sachs-executive\/\" title=\"Stay Away From Cardano and XRP, Warns Ex-Goldman Sachs Executive\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/buysell-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Stay Away From Cardano and XRP, Warns Ex-Goldman Sachs Executive<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>The introduction of Meli Dollar will be supported by a partnership with Ripio, a prominent cryptocurrency firm in Latin America. Ripio will handle transactions involving the Meli Dollar, leveraging its trading platform and wallet services. This collaboration extends the existing relationship between Ripio and Mercado Pago, which also saw the development of Mercado Coin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.<\/p>\n","protected":false},"author":3,"featured_media":38950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28,22],"tags":[72,71],"coin_category":[],"class_list":["post-135994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","category-others","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Latin E-Commerce Giant 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