ARQ — formerly DolarApp — has closed a $70 million funding round led by Sequoia and Founders Fund to scale stablecoin-based wealth management and credit services across Latin America.
A leading Brazilian digital bank has received conditional approval from the OCC to offer deposit accounts, credit cards, lending and digital asset custody in the United States. The step signals a notable push by a Latin American fintech into U.S. regulated crypto services.
Nexo has agreed to acquire Argentina-based Buenbit, gaining access to its user base and local on-ramps. The deal enables Nexo to offer crypto-backed loans, high-yield savings and trading tools to Buenbit customers.
Argentina’s state-run oil company YPF will let customers pay for fuel with cryptocurrency, becoming one of the few Latin American firms to accept crypto at the pump. The company has not yet disclosed which tokens or a rollout timeline.
Opera's MiniPay wallet, built on Celo, will support USDT and connect to real-time payment rails across Latin America to speed up stablecoin transfers and remittances.
Exodus reported stronger third-quarter results with rising Bitcoin revenue and announced a Latin America payments acquisition to expand its Bitcoin-focused services. The deal signals a push into payments and remittance markets where crypto rails can drive growth.