.Mercadolibre, Latin America’s largest e-commerce company by market value, launched its own cryptocurrency in Brazil. It will serve to make purchases on the marketplace and receive cashback. RodrigoTolotti reports
Mercado Libre , Latin America’s largest e-commerce company by market cap, started rolling out its own cryptocurrency in Brazil, the firm said Thursday.
Mercado Libre expects the cryptocurrency to be available to its 80 million users in Brazil by the end of August, and said it plans to introduce it in other countries “soon,” without providing further details.
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