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Millions Already Hold This Latam-Based Dollar Pegged Stablecoin

Millions Already Hold This Latam-Based Dollar Pegged StablecoinMercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio Estivariz, VP of Fintech Services at Mercado Libre. “We already have millions of users who have received meli dolar […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

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

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin ProjectMercado 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. […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe