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Circle and MercadoPago team up to offer USDC in Chile

Circle, the stablecoin issuer, has partnered with Latin American fintech company MercadoPago to offer USDC in Chile. MercadoPago's mobile app will allow users to purchase or sell USDC from as little as $0.05, or $50 Chilean pesos (CLP). The partnership is expected to make it easier for Chileans to access dollar-denominated stablecoins and will help the crypto economy leave behind the idea of "fringe finance."

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