TechFlow news: Stablecoin protocol El Dorado has completed a $3 million seed funding round led by Multicoin Capital, with participation from Coinbase Ventures, University of California, Berkeley's Skydeck, and Awesome People Ventures, aiming to build a crypto payment "super app" for Latin America.
The application connects with over 70 local payment methods, enabling users to easily deposit and withdraw fiat currency. It supports USDT (Tether), USDC (Circle), and Celo Dollar (cUSD) stablecoins on the Tron, Polygon, and Celo networks, while also allowing Bitcoin (BTC) trading.
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