MercadoLibre intends to accept BTC and cryptocurrencies as payment for all products Cointelegraph
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MercadoPago, the fintech arm of the e-commerce giant Free market (NASDAQ 🙂, has allowed its Brazilian customers to buy, sell and own (BTC), Ether (ETH) and the stable Pax Dollar (USDP) protected by the US dollar issued by Paxos. In a statement extended The blockchain infrastructure platform used by Paxos, PayPal (NASDAQ 🙂 and Facebook (NASDAQ 🙂 in the US on Thursday will be a collaboration platform between MercadoPago and Paxos. allow using all cryptocurrencies to pay users for all products sold on the platform.
This news represents one of the largest non-cryptocurrency transactions ever. Brazilian users who want to hold US dollars can now do so in exchange for a Brazilian real 1 by purchasing USDP in the MercadoPago app. In suffering from inflation In Latin America, stable currencies can provide a safety net against fiat money.
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