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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. […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Argentine Exchange Ripio Announces Defi Credit Card

Argentine Exchange Ripio Announces Defi Credit CardRipio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned automatically but will instead borrow up to 30% of the capital […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency

Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With CryptocurrencySebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies are using cryptocurrency to protect from crippling inflation numbers. Ripio CEO Sebastian Serrano: […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Latam Based Cryptocurrency Exchange Ripio Expands to US

Latam Based Cryptocurrency Exchange Ripio Expands to USRipio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in LatamAccording to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include stablecoins in Venezuela, and 31% of these in Argentina, as citizens seek to shield […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled Cards

The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled CardsCryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet

Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse WalletRipio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Ripio Announces Expansion to Colombia in Next Months

Ripio Announces Expansion to Colombia in Next MonthsRipio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Report: Blockchain and Crypto VC Investments Grew Almost Tenfold During 2021 in Latam

Report: Blockchain and Crypto VC Investments Grew Almost Tenfold During 2021 in LatamA new report issued by LAVCA, the Association for Private Capital Investment in Latin America, has found that the venture capital (VC) investment in the region has grown immensely compared to the previous year’s numbers. In general, the region registered investments of more than $15 billion, more than three times the amount registered in 2020. […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG

Argentinian Exchange Ripio Raises  Million in Latest Funding Round Led by DCGRipio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one […]

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left