Blockchain fintech firm Paxos and on-line market Mercado Libre (NASDAQ:) has entered right into a partnership to introduce the Pax Greenback (USDP) stablecoin to Mexico by means of MercadoPago fee providers on June 28.

The USDP will likely be accessible to all Mercado Pago prospects throughout Mexico, in response to a press launch shared with Cointelegraph. The corporate relies within the US, with places of work in New York, London and Singapore, however greater than 60% of his energetic wallets help prospects throughout Latin America.

Learn extra on Cointelegraph