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Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.
Paradigm has led a $9 million Series A funding round for Latin American payments platform El Dorado as the company expands stablecoin-powered cross-border transfers across underserved markets in the region. According to a June 15 announcement from Paradigm, the investment…
Paradigm's investment in El Dorado could accelerate stablecoin adoption in inflation-hit Latin America, reshaping regional financial landscapes. The post Paradigm leads $9M investment in LatAm payments app El Dorado appeared first on Crypto Briefing.
