11.7 @0xPolygon posted an interesting article about how cryptocurrency is impacting Latin America. Polygon highlighted several projects built on Polygon that address long-standing issues in Latin America. Here’s a summary of some useful insights for everyone: 1️⃣ Avenia and BRLA Focused on solving issues related to local payment systems and stablecoins. Avenia provides token liquidity infrastructure integrated with Polygon and connects with local payment systems. Its native stablecoin, BRLA, allows users to transact on Polygon. 2️⃣ @blindpaylabs Tackling instant payment challenges. Its API enables global payments via fiat currency, stablecoins, and multiple blockchains, and can be used for payroll, merchant settlements, and remittances. In Q3, BlindPay’s transaction volume reached $198.7 million. 3️⃣ Belo Addressing the connection between cryptocurrency and everyday banking. Belo is a crypto wallet project founded in Argentina that offers users USD ACH deposits. By integrating with Polygon, Belo provides a fast, low-gas experience for sending and receiving transactions, transforming itself into a practical channel for stablecoin deposits and withdrawals. 4️⃣ @MercadoBitcoin — Brazil’s largest exchange Collaborating with Polygon to leverage its robust infrastructure for on-chain RWA (Real World Assets). This year, Mercado Bitcoin announced plans to tokenize over $200 million worth of assets on Polygon, reducing transaction costs and improving settlement times. By bringing Brazilian government bonds and corporate debt onto Polygon, Mercado Bitcoin is enhancing liquidity and efficiency in Latin America’s capital markets. 5️⃣ @capa_fi Using stablecoins to solve cross-border e-commerce payment issues in Latin America. Capa advocates for the use of stablecoins on the Polygon chain to facilitate deposits and withdrawals in Latin America. Thanks to Polygon, cross-border transactions can be completed in minutes, with fees reduced to a fraction of what they used to be.