BREAKING: TETHER JUST LED A $14M LATIN AMERICA STABLECOIN BET



Tether led a $14 million raise for Belo, an Argentina-based payments app using crypto rails.

Belo aims to cut costs and friction by using stablecoins, which many Latin Americans view as protection from inflation and weakening currencies.

The funding will be used to expand stablecoin payments across Mexico, Chile, Colombia, Peru, Bolivia and Paraguay.

Belo now serves over 3 million users across Latin America.
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