Peso Completes Pre-Seed Round Financing, Led by Tether

Odaily Planet Daily News: Peso announced the completion of its Pre-Seed round financing, led by Tether. Peso is a Bolivian fintech company that provides USDT accounts integrating savings, spending, investment, and cross-border transfers. It connects to Bolivia's banking system via QR codes and the ACH payment network, supporting exchanges between stablecoins and local fiat currencies. Peso has integrated USDT payments into the digital service platform Yango, allowing users to directly pay for food delivery orders within the app. The funds from this round will be used to expand Peso's local fiat on/off-ramp channels in Bolivia, Brazil, Colombia, and Argentina, as well as to build POS payment networks and virtual account infrastructure for merchants.