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Bitcoin.com 2024-09-17 04:30:58

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project

Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago.

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