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Paxos, a crypto companies platform, introduced as we speak that MercadoPago, the monetary companies arm of LATAM market portal MercadoLibre, will provide its Brazilian prospects the chance to purchase, promote and maintain Bitcoin, Ethereum, and the Paxos-issued US dollar-backed stablecoin USDP.
That 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 up to now.
“Any Brazilian consumer trying to maintain US {dollars} can now achieve this seamlessly inside MercadoPago by getting USDP. MercadoPago and Paxos have created the simplest method for Brazilians to get and maintain USD with the native Brazilian actual.”– The Paxos Workforce
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