“Tether is investing $20 million in a strategic financing round for Mercado Bitcoin,” so prominent stablecoin issuer representatives comment on the deal aimed at expanding blockchain-based financial services across Latin America. Moreover, management believes that the Brazilian platform has built a regulated, full-stack on-chain ecosystem that already serves 4.5 million users and holds over 10 licenses across Brazil and Europe.

As Tether CEO Paolo Ardoino stated — “Mercado Bitcoin’s depth of regulatory licensing, tokenization infrastructure, and integrated financial services is unmatched in Latin America.” But Mercado Bitcoin Chairman and CEO Roberto Dagnoni also specified that this does not mean a mere discussion about the future, since the transition of finance on-chain is already well underway, and the new capital will only accelerate the creation of large-scale infrastructure for tokenization and payments.