Tether Invests $20 Million in Brazil's Mercado Bitcoin

Tether is investing $20 million in Mercado Bitcoin, a Brazilian digital financial platform, as part of a strategic financing round to expand onchain financial infrastructure across Latin America. The capital will support Mercado Bitcoin's growth in tokenization, payments, lending, credit, and capital markets services.

Mercado Bitcoin serves over 4.5 million users and has issued more than 2 billion Brazilian reais, approximately $370 million, in tokenized assets. The company holds nearly a dozen regulatory licenses across Brazil and Europe, including a payment institution license from Brazil's central bank.