Crypto Exchange Crypto.com partners with BTG Pactual to promote banking services in Latin America。The partnership aims to bridge traditional finance with the digital economy for millions of customers in the region。

The collaboration involves Crypto.com Integrated BTG DOL (BTG's proprietary stablecoin pegged to USD 1: 1)。BTG DOL, launched with the support of BTG Pactual, facilitates transactions between the traditional financial system and the digital economy。

Expanding financial horizons

Crypto.Eric Anziani, president and chief operating officer, said: "Crypto.com and BTG share a common vision: to innovate financial technology in a responsible way to empower the economy。We are incredibly proud and excited to work with BTG to help expand access to the emerging digital economy in a region with huge potential。"

According to the press release, the collaboration aims to democratize the digital economy by empowering individuals and businesses in Latin America.。By leveraging financial technology, Crypto.com and BTG Pactual plans to drive economic growth and financial inclusion across the region。

Crypto.The partnership between com and BTG Pactual is built on Crypto.com on top of business in Latin America。The cryptocurrency exchange holds a payment institution license issued by the Central Bank of Brazil and offers Crypto in the region..com Visa Card。

Crypto.Global expansion of com

Last year, Crypto.com, PayPal and Paxos have partnered to facilitate the trading of PayPal USD (PYUSD) Stablecoins Unlike other cryptocurrencies such as Bitcoin and Ethereum, stablecoins are.Read this term in Crypto.on the com platform。Crypto.com's latest collaboration with PayPal and Paxos positions it as one of the PYUSD trading platforms。

PayPal launched PYUSD in August 2023, marking its foray into the stablecoin market。As reported by Finance Magnates, Crypto.The collaboration between com, PayPal and Paxos highlights the growing convergence of traditional financial and cryptocurrency ecosystems。

In addition, Crypto.Com received permission from the Dutch central bank last year, enabling it to offer cryptocurrency services in the Netherlands。It marks another milestone for the Singapore-based exchange following approvals in Spain and France.。In France, the company holds a digital asset service provider license, while in the UK it operates under a crypto asset business license.。