Tether leads Belo's $14 million raise to expand stablecoin payments across Latin America
Belo, which has over 3 million users across Latin America, offers a digital wallet that lets users hold and transfer local currencies alongside digital dollars.
The expansion of stablecoin payments by Belo, backed by Tether, is likely to increase adoption and usage of stablecoins in Latin America, potentially driving prices higher. Market participants may respond positively to this news, leading to bullish sentiment in the crypto sector.
Belo, which has over 3 million users across Latin America, offers a digital wallet that lets users hold and transfer local currencies alongside digital dollars.
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