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RE: LeoThread 2023-08-30 05:25

in LeoFinance • last year

🧵 1. Fintech firm Circle partners with Mercado Pago to launch USD Coin stablecoin in Chile, expanding adoption of cryptocurrency and the US dollar. #crypto

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    🧵 2. Mercado Libre, known as "Amazon of LATAM," integrates Circle's USD Coin for payments in Chile, following its commitment to accept cryptocurrencies.

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      🧵 3. Circle CEO Jeremy Allaire announces the launch of USD Coin on Mercado Pago, offering users in Chile a pegged stablecoin, increasing payment options in the country.

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        🧵 4. Circle's partnership with Mercado Libre extends beyond Chile, as they previously integrated Paxos' USD stablecoin for users in Mexico. Expanding crypto adoption in Latin America.

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          🧵 5. Circle continues to make waves in the cryptocurrency space, with Coinbase taking an equity share. Circle prepares for competition from traditional finance and Big Tech players.

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