Tether Invests $20 Million Strategically in Mercado Bitcoin, Accelerating Latin American On-Chain Financial Infrastructure Development

Odaily reported that stablecoin issuer Tether has announced a $20 million strategic investment in the Latin American on-chain financial services platform Mercado Bitcoin to support its growth in asset tokenization, payments, credit, capital markets, and compliant digital financial services.

Founded in 2013, Mercado Bitcoin has evolved from a digital asset trading platform into a comprehensive on-chain financial infrastructure platform, covering services such as trading, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. This funding will primarily be used to expand payment infrastructure, scale tokenized products for institutional and retail investors, develop credit businesses, advance on-chain capital market construction, seek strategic partnership opportunities, and drive international expansion.