CIRCLE LAUNCHES USDC STABLECOIN ON MERCADO PAGO IN CHILE

Summary from the TLDR Crypto newsletter

Fintech firm Circle has teamed up with Latin American e-commerce giant Mercado Libre to introduce the stablecoin USDC on Mercado Pago, its online payment platform, in Chile. This move aims to increase the utilization of cryptocurrencies and the US dollar in a country where the currency isn't often accepted. It also marks another step into crypto for Mercado Libre, which started accepting cryptocurrencies as payments in 2021.