ChainCatcher news, Canadian fintech company Nuvei Corporation has launched a blockchain-based payment solution for merchants across Latin America (LATAM). This solution utilizes stablecoins to simplify global transactions.The new solution allows businesses to make payments using stablecoins with Visa-supported physical or virtual cards.

ChainCatcher news, Borderless Capital has launched a LATAM fund with a size of $50 million, aimed at driving Web3 innovation in Latin America. The fund focuses on Web3 projects in Latin America to tap into the unique opportunities for blockchain adoption in the region and the potential for local innovations to address global challenges.It is reported that Matias A., the Chief Financial and Investment Officer of the Avalanche Foundation, has also joined the fund.

ChainCatcher news, the new bank Littio in Colombia, Latin America, is switching its blockchain network from Ethereum to Avalanche for a product called Yield Pots, which allows users to earn interest on their dollar deposits.Littio provides exposure to Yield Pots through a partnership with OpenTrade, a London-based company that develops yield products using real-world assets such as stablecoins and U.S. Treasury bills.

ChainCatcher news, according to Bitcoin.com, a recent survey by Binance shows that Latin American investors prefer to use cryptocurrencies as long-term savings and investment tools rather than as day trading assets.The Binance survey, which polled 10,000 users from Latin American markets such as Argentina, Colombia, Brazil, and Mexico, found that 50.3% of respondents prefer to use cryptocurrencies as investment tools. 18.8% of respondents stated that they trade these assets daily.The Binance survey also identified other use cases, including peer-to-peer (P2P) trading (8.4%), decentralized finance applications (8.2%), and purchases (4.9%).

ChainCatcher news, according to the official announcement, Binance has appointed Guilherme Nazar as the head of Latin America to further develop the cryptocurrency industry across the entire region. He will focus on driving innovation, increasing adoption, and designing and implementing user-centric Binance business strategies.Currently, Binance Mexico General Manager Frida Vargas and Daniel Acosta, who is responsible for Colombia, Central America, and the Caribbean, will continue to lead their local markets and report to Nazar.

ChainCatcher news, the gaming guild Merit Circle has announced the acquisition of equity in Snackclub, a Latin American organization specializing in user acquisition, influencer marketing, and esports. Snackclub has also joined the gaming subnet Beam Beam. As part of this acquisition, Merit Circle will obtain equity in Snackclub.In addition, Merit Circle will receive a token allocation previously reserved for the Snackclub team, which will be used to stimulate games in the DAO portfolio.

ChainCatcher News, the U.S. compliant cryptocurrency trading company Legend Trading announced a partnership with Circle to launch USDC rapid trading and settlement services in the Asia-Pacific and Latin America regions, aimed at facilitating local institutional users in acquiring and using USDC.Legend Trading stated that its trading settlement system is integrated with the underlying banking network, ensuring seamless and rapid automatic conversion between USDC and fiat currency.

ChainCatcher news, according to the official announcement, Binance has launched the "Send Cash" service in Latin America. The new solution allows Binance users in 9 countries in the region to transfer from cryptocurrency to bank accounts more conveniently, quickly, and economically.The first phase of Send Cash will target Binance users in Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama, and Mexico, allowing them to transfer cryptocurrency to recipients with bank accounts in Colombia and Argentina at the lowest cost in the market through Binance Pay.

ChainCatcher news, Tether's Chief Technology Officer Paolo Ardoino stated on social media that Tether's Bitcoin mining facility in Latin America is set to begin operations in a few weeks, but the specific location cannot be disclosed to avoid disturbances; the site is progressing well, and team members are working day and night.In addition, Tether launched the "Tether Energy" program a few months ago and is partnering with companies around the world to provide support such as funding, infrastructure, development, and general expertise to build renewable energy production and Bitcoin mining facilities. Tether believes that Bitcoin mining must be geographically decentralized as much as possible, with the goal of reducing the current high concentration in specific countries.

ChainCatcher news, according to Cointelegraph, Binance will suspend its crypto debit card services in Latin America and the Middle East starting August 25, and will terminate cryptocurrency debit card services in the region on September 21. Binance stated that users can apply for fund refunds before December 20, 2023.In this regard, Binance did not disclose the specific reasons for the suspension, but stated that it would only affect 1% of users in the aforementioned regions.

ChainCatcher news, according to The Block, Bakkt's CEO Gavin Michael stated that the company has recently made several acquisitions and partnerships, and is also expanding into international markets, set to launch in Latin America in the fourth quarter, followed by launches in the UK, EU, Hong Kong, and Australia.

ChainCatcher news, according to CoinDesk, Latin American cryptocurrency exchange Bitso has integrated Stellar's payment network Anchor Network and collaborated with the Stellar Development Foundation to develop a solution that enables businesses around the world to conduct USDC transactions in Argentina, Colombia, and Mexico. (Source link)

ChainCatcher news, Binance appoints former Head of Business Development Min Lin as the Head of Latin America, leading the regional team to enhance Binance's products and services and optimize the user experience in the market. Min Lin joined Binance in 2021 as the Head of Business Development, and prior to joining Binance, he served as an Executive Director in Goldman Sachs' Global Markets division in Hong Kong. (Source link)

ChainCatcher news, digital bank Revolut announced in an email on Tuesday that it has launched cryptocurrency investment services in Brazil, marking its first entry into Latin America, aiming to capitalize on the growing demand for crypto assets in Brazil. According to Revolut's announcement, there are approximately 10 million cryptocurrency users in Brazil. Revolut's operations in Brazil will start with global accounts and cryptocurrency investments. (CoinDesk)

Chain Catcher news, Latin American NFT trading platform Minteo announced the completion of a $4.3 million seed round financing, with participation from OpenSea Ventures, Fabric Ventures, Dune Ventures, CMT Digital, Impatient VC, Susquehanna Private Equity Investments, SevenX Ventures, FJ Labs, Big Brain Holdings, G20 Ventures, Alliance DAO, and Zero Knowledge.Minteo CEO Santiago Rodríguez stated that this round of financing will be used to build a platform to attract artists from Colombia and Mexico, with plans to gradually expand to other Latin American countries. Minteo plans to release a beta version next month and open to the public in early 2023. (TechCrunch）

链捕手消息，拉丁美洲加密服务公司 Ripio 首席执行官 Sebastian Serrano 表示，Ripio 已开始在巴西推出预付借记卡，该卡允许使用 28 种加密货币进行支付并获得 5% 的比特币现金返还奖励。 Serrano 还表示，Ripio 正在考虑在比特币（BTC）以外的加密货币中增加奖励，并计划今年晚些时候在阿根廷推出该卡，也不排除在运营的其他国家推出该卡。（CoinDesk）

链捕手消息，拉丁美洲电子商务巨头 Mercado Libre 在巴西推出基于 ERC20 形式的加密货币 Mercado，作为其忠诚度计划的一部分，用户可以获得 Mercado 作为在 Mercado Libre 上进行购买的奖励。拥有 Mercado 代币的用户可以使用它们在市场上购买更多物品，或者使用支付应用程序 Mercado Pago 将其兑换成巴西雷亚尔。（The Block）

链捕手消息，拉丁美洲投资银行巨头 BTG Pactual 推出了一个名为 Mynt 的加密交易平台，Mynt 是一个单独的应用程序，目前尚未提供存取资产服务。 据悉，拉丁美洲的国家面临极高的通货膨胀率，超过 50% 的居民声称使用加密货币进行了交易。Pactual 的竞争对手巴西金融科技公司 XP 于今日上午宣布将推出加密交易所。（beincrypto）