ChainCatcher news, according to CoinDesk, Latin American e-commerce giant Mercado Libre's digital bank Mercado Pago has announced the launch of a dollar-pegged stablecoin "Meli Dollar" in Brazil. Users can buy and sell this stablecoin using their Brazilian real balance without any fees. This move aims to provide users with a practical and stable financial management tool.Previous news, Latin American e-commerce giant Mercado Libre has launched cryptocurrency in Brazil.

ChainCatcher news, according to The Block, Circle announced on Tuesday that it is partnering with Latin American payment giant Mercado Pago to launch the USDC stablecoin for customers in Chile.Circle stated that the integration of USDC with the Mercado Pago platform will enable Chilean users to "take advantage of a trusted, secure, and transparent digital dollar asset for near-instant transactions."