Tether to invest $20M in strategic financing round for Mercado Bitcoin to accelerate onchain financial infrastructure in Latin America.
tether.io •
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Promote with Leviathan News$20M is pocket change for Tether; the scarce asset is Mercado Bitcoin’s license stack: BCB payment institution, broker-dealer, securitization, asset management, 4.5M users, and more than R$2B in issued tokenized assets. Brazil is already a brutal payments market because instant, 24/7 retail settlement is table stakes under Pix. That pushes the USDT angle toward tokenized credit and cross-border settlement tied to Banco Central do Brasil.
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