Tether Is Investing $20 Million In Brazil's Mercado Bitcoin As Latin America Becomes A Bigger Bet For Tokenized Finance.

Source: International Business Times

Tether is investing $20 million in Brazilian digital asset platform Mercado Bitcoin through a strategic financing round aimed at expanding onchain financial infrastructure across Latin America. AFP Latin America is attracting growing investment from cryptocurrency companies as demand for blockchain-based financial services expands beyond digital asset trading into payments, lending and tokenized investments. Tether is investing $20 million in Brazilian digital asset platform Mercado Bitcoin through a strategic financing round aimed at expanding onchain financial infrastructure across Latin America, The Block reported Tuesday.