Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado - "The Defiant"

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado - "The Defiant"

Paradigm led $9M funding for El Dorado, a stablecoin super-app with 1M users across Latin America. The round signals crypto VCs investing in stablecoin-native infrastructure to capture remittance flows where capital controls and weak banking limit dollar access.