![Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin](https://cryptosheadlines.com/wp-content/uploads/2024/08/e36fed7f-b529-41bf-bd34-b7e401e73941-600x400.jpg)
Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentine cryptocurrency exchange, and is issued by Meli Uruguay S.R.L., a part of the Mercado Libre group. Mercado Libre…