Tether invests $20M in Mercado Bitcoin for Latin America
6.6 Investments Tether invested $20M in Mercado Bitcoin to boost its expansion in tokenization, payments, lending, and capital markets, reinforcing support for regulated crypto in Latin America.
Tether has invested $20 million in Mercado Bitcoin, a leading on-chain financial services platform in Latin America, as part of a strategic growth financing round. This investment is designed to support Mercado Bitcoin’s expansion in tokenization, payments, credit, capital markets, and regulated digital financial services. Founded in 2013, Mercado Bitcoin has evolved from a cryptocurrency exchange into a comprehensive financial platform. It now serves 4.5 million users, has issued over R$2 billion in tokenized assets, and holds more than 10 licenses across Brazil and Europe. The funding will help Mercado Bitcoin grow its payments infrastructure, tokenized investment products, lending capabilities, on-chain capital markets, and international operations. This move underscores Tether’s commitment to supporting regulated, compliant crypto infrastructure in high-growth markets like Brazil, especially as USDT faces increasing restrictions in Europe.
