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Wu Says learned that Tether’s official announcement stated it will invest $20 million in the strategic growth funding round of Mercado Bitcoin, a financial services platform on the Brazil blockchain. Mercado Bitcoin was founded in 2013. It initially operated as a digital asset trading platform, and its business has since expanded into tokenized investment products, credit, stablecoin payments, banking infrastructure, and cross-border financial services. Tether said that Mercado Bitcoin currently serves 4.5 million users, has issued more than 2 billion Brazilian reais (approximately $370 million) in tokenized assets, and holds more than 10 licenses in Brazil and Europe. This round of funding will be used to expand payment infrastructure, tokenized investment products, lending and credit capabilities, on-chain capital markets, and international expansion.