Latin American digital asset platform Mercado Bitcoin (MB) has announced the launch of the MBRL stablecoin on the TRON blockchain, pegged to the Brazilian real.
Bitso, Mercado Bitcoin and Foxbit have joined forces to issue a stablecoin, BRL1, pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for BTC and ETH pairs on these exchanges and other markets to be developed in the future.
Marcos Galperin, founder and CEO of Mercado Libre, a Latin American e-commerce and financial services giant, shares his thoughts on bitcoin and cryptocurrencies. He revealed that he invested in bitcoin in 2013, when Mercado Libre sent a special envoy to the United States to study new technologies. Mr. Galperin praised bitcoin's independence from government interference, explaining: "When people see governments around the world running fiscal deficits, having a currency like bitcoin that governme...
Mercado Pago, the digital banking arm of Latin American e-commerce giant Mercado Libre (MELI), said Wednesday it will launch a dollar-pegged stablecoin in Brazil. Mercado Pago users in Brazil will be able to buy and sell Meli Dollar stablecoins using their account balances in Brazilian real without paying any fees, the company said. The product is "designed to provide a practical and stable option for financial management", the company said. Ripio, a Latin American cryptocurrency firm, will act ...
拉丁美洲电子商务巨头Mercado Libre (MELI) 的数字银行部门 Mercado Pago 周三表示,将在巴西推出与美元挂钩的稳定币。 该公司表示,Mercado Pago 在巴西的用户将能够使用巴西雷亚尔的账户余额购买和出售 Meli Dollar 稳定币,无需支付任何费用。该公司表示,该产品“旨在为财务管理提供一种实用而稳定的选择”。该公司表示,拉丁美洲加密货币公司 Ripio 将担任 Mercado Pago 交易的做市...
On August 14th, Brazilian cryptocurrency exchange Mercado Bitcoin announced the launch of a lending product with cryptocurrencies as collateral, which will be paid to users in the national currency. This is the first such product launched by the company, which received a payment institution license issued by the central bank last year. To avoid the high risks associated with liquidation, Mercado Bitcoin will limit loans to 30% of the positions held by users of the exchange. The exchange hosts mo...
Consulting agency Safras & Mercado: Brazil's 2023/24 annual soybean sales have reached 71.8% of the expected production, compared with 66.1% in the same period last year; 2024/25 annual soybean sales have reached 14.6% of the expected production, compared with 11.1% in the same period last year.
Mercado Libre, Latin America's largest e-commerce platform, has disclosed that it holds more than $40 million in cryptocurrency, according to its 2024 Quarter 1 filing. The company disclosed that it held 412.7 BTC and 3,041.6 ETH as of March 31. However, Mercado Libre does not own these assets, and its CIO, Richard Cathcart, explained that the company has liquidated its cryptocurrency in 2023. Cathcart claims that this filing reflects the fact that we offer our users a service to buy, hold and s...
拉美最大的电子商务平台Mercado Libre披露,根据其2024年第一季度的文件,该公司持有超过4000万美元的加密货币。该公司披露,截至3月31日,它持有412.7枚BTC和3041.6枚ETH。然而,Mercado Libre并不拥有这些资产,其首席信息官Richard Cathcart解释说,该公司已于2023 年清算了其加密货币。Cathcart宣称,这份文件反映了我们向用户提供购买、持有和出售服务的事实。但目前,我们自己并...