Tether Backs Mercado Bitcoin with Major Stablecoin Investment

Tether has invested in Mercado Bitcoin, marking another significant move towards expanding blockchain finance in Latin America.

Mercado Bitcoin is a leading cryptocurrency exchange in Brazil and Tether's investment will help drive adoption of stablecoins and cryptocurrencies across the region.

This strategic partnership will enable customers to convert their Brazilian real into USDT (Tether's dollar-pegged stablecoin) with zero fees, making it easier for Brazilians to access global markets.