ChainThink reports that, on July 7, according to an official announcement, Tether invested $20 million in Mercado Bitcoin, a blockchain-based financial services platform in Latin America, to support its strategic growth.
Mercado Bitcoin, established in 2013, offers services including trading and exchange infrastructure, tokenized investment products, credit and lending, stablecoin-based payments, banking infrastructure, and cross-border financial services.
The platform currently serves 4.5 million users, has issued over R$2 billion in tokenized assets, and holds more than ten operational licenses in Brazil and Europe, including licenses from the Central Bank of Brazil for payment institutions, broker-dealer services, securitization platforms, and asset management.