Mercado Libre launches cryptocurrency in Brazil for loyalty rewards

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Mercado Libre launches cryptocurrency in Brazil for loyalty rewards
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ICYMI: Mercado Libre launches cryptocurrency in Brazil for loyalty rewards

Latin American e-commerce company Mercado Libre has launched its own cryptocurrency called Mercado Coin.

Loyalty program members now can get the cryptocurrency as a reward for purchases on Mercado Libre’s marketplace. Cryptocurrency exchange Ripio developed the technology for the cryptocurrency, which is built on the Ethereum ERC-20 standard.

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