Tether backs Brazil’s Mercado Bitcoin while USDT faces growing restrictions in Europe
The post Tether backs Brazil’s Mercado Bitcoin while USDT faces growing restrictions in Europe appeared on BitcoinEthereumNews.com. Tether has invested $20 million in Mercado Bitcoin, one of Latin America’s largest regulated digital asset platforms, as the stablecoin issuer expands its presence in high-growth markets. The investment comes as USDT faces increasing restrictions across regulated platforms in Europe. This follows the implementation of the EU’s Markets in Crypto-Assets [MiCA] framework, highlighting the contrasting regulatory environments shaping Tether’s global strategy. Tether doubles down on Latin America’s regulated crypto infrastructure Tether said the investment forms part of a strategic financing round for Mercado Bitcoin. It operates a regulated on-chain financial platform serving 4.5 million users. The services cut across trading, tokenized assets, lending, payments, and cross-border financial services. According to the company, Mercado Bitcoin has issued more than