Stablecoin-Powered SuperApp El Dorado surpasses 500,000 users, marking a significant milestone.
Mountain Protocol partners with El Dorado to offer yield-generating stablecoin products for Latin American customers with up to 4.5% APY.
El Dorado CEO Guillermo Goncalvez highlights stablecoins as a resilience tool in Venezuela, where the devaluation of the local currency has driven citizens toward dollar use and increased stablecoin remittances.
El Dorado, a P2P exchange focused on Latin America, introduces gasless TRC20-USDT transactions with Tron DAO's help, promoting Tron blockchain adoption in the region until October 30.
Stablecoin adoption is soaring in Latin America due to currency devaluation and the need for affordable remittances. Multicoin and Coinbase Ventures are investing in the stablecoin-powered super app El Dorado.