Key Facts
—The deal. Tether, the world’s largest stablecoin issuer, has invested R$100m ($20m) in Mercado Bitcoin, Latin America’s biggest digital-asset platform.
—The round. The sum is the first close of a larger Series C that also includes the platform’s founders and Japan’s SoftBank.
—The use. Funds will go to payments infrastructure, tokenized investments, crypto-backed lending and on-chain capital markets.
—The scale. Mercado Bitcoin serves about 4.5 million users and has handled more than R$155bn ($30.7bn) in transactions since 2013.
