Mercado Libre Launches Its Own Cryptocurrency in Brazil
Mercado Libre announced the launch of Mercado Coin, its first cryptocurrency, in Brazil. It was developed on the Ethereum blockchain and will be used through Mercado Libre and Mercado Pago in that country for US$0.10. The company also plans to expand its digital currency to the rest of Latin America in the future so that it can be used even outside its platforms.