Mercado Bitcoin, Latin America's largest digital assets platform, now offers USDC on the Stellar network, enabling customers to transact with fees of a fraction of a cent. This marks the first time the exchange has offered the same asset across multiple networks.
Mercado Bitcoin has integrated USDC issued on the Stellar network, allowing its 3.5+ million customers to access faster and cheaper transactions with fees of a fraction of a cent per transaction. This is the first time the Latin American exchange has offered the same stablecoin across different blockchain networks, giving users the flexibility to choose the network best suited to their needs. Stellar's network has processed an average of $8.6 million daily in payments and is increasingly used for payments, tokenization, and real asset issuance. Stellar Development Foundation CEO Denelle Dixon highlighted the integration as a step toward equitable financial access, noting Mercado Bitcoin's potential to bring significant volume and liquidity to Stellar. The network plans to launch native smart contracts by end of 2022 to unlock additional applications.