Mercado Libre

Mercado Libre earns revenue from its marketplace and payments businesses. It issues Meli Dólar (MUSD), a stablecoin that Mercado Pago users can buy, hold and sell.

Meli Dólar is a stablecoin designed to maintain 1:1 parity with the US dollar and operates on Ethereum. It can be used to pay on Mercado Libre as a full or partial payment method at checkout.

Mercado Libre is a Latin American e-commerce and fintech company that operates the Mercado Libre marketplace and Mercado Pago.