Circle, the issuer of the USDC stablecoin, has partnered with Latin America’s largest e-commerce company, Mercado Libre, to expand the use of USDC in the region.
The partnership will enable Mercado Libre’s users to transact with USDC on its platform, providing a stable and secure way to make cross-border payments and store value in U.S. dollars.
This move is expected to boost financial inclusion in Latin America, where many people struggle with inflation and currency devaluation.
By integrating USDC into Mercado Libre’s ecosystem, Circle is positioning itself as a key player in the region’s digital payments landscape, while promoting the adoption of stablecoins for everyday use.
