Tether Invests $20 Million in Brazilian Crypto Exchange Mercado Bitcoin for Latin America Expansion

Tether said Tuesday it will invest $20 million in a strategic financing round for Mercado Bitcoin, a Brazilian cryptocurrency exchange, as the two companies push to expand blockchain-based financial services across Latin America.

Mercado Bitcoin, founded in 2013, has grown from a digital asset exchange into a broader financial platform offering trading, tokenized investment products, credit and lending, stablecoin-powered payments, banking infrastructure, and cross-border services.

The company said it serves 4.5 million users, has issued more than 2 billion reais (about