El Dorado Raises $3M to Build Crypto Payments Superapp for Latin America
El Dorado, a Colombia-based stablecoin protocol, has raised $3 million in a seed venture capital investment round to develop a crypto payments "superapp" for Latin America. Multicoin Capital led the investment, with participation from Coinbase Ventures, UC Berkeley Skydeck, and Awesome People Ventures. El Dorado aims to provide a cheaper way to send, exchange, and pay using blockchain as payment rail, with a 0.6% fee for cross-border payments and free in-app payments. The app supports Tether's USDT, Circle's USDC, and Celo Dollar stablecoins, as well as bitcoin transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
New spot margin trading pair — ES/USDT!
Bitget Trading Club Championship (Phase 1) – Make spot trades daily to share 50,000 BGB
SLPUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More








