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Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin

Customers of Mercado Libre digital bank subsidiary Mercado Pago will be able to buy and sell Meli Dollar with their Brazilian reais balances.

By Andrés Engler|Edited by Stephen Alpher

Updated Aug 22, 2024, 4:30 p.m. Published Aug 21, 2024, 6:56 p.m.

A Mercado Libre distribution centre. (Ministry of Economy, Government of Chile)