TechFlow news: Paxos announced on Wednesday that it is partnering with Mercado Libre to launch a regulated Pax Dollar, a USD-pegged stablecoin, in Mexico. The stablecoin will be available on the Mercado Pago payment platform and accessible to all customers in Mexico. Mercado Pago is Mexico’s leading online payment provider, with nearly 40 million active users.
Paxos said this collaboration continues its investment in Latin America and aims to further expand its business reach.




