Mercado Libre, Latam’s largest company, launches its own dollar stablecoin

Mercado Libre, Latam’s largest public company by market capitalization, has announced the launch of its own dollar-pegged stablecoin, the meli dollar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentinian cryptocurrency exchange, and is issued by Meli Uruguay SRL, part of the Mercado Libre group. Libre Square (…)