El Dorado’s Stablecoin-powered SuperApp is Driving Tether Adoption on Arbitrum in LATAM

El Dorado has emerged as a transformative SuperApp within Latin America, using stablecoins—primarily Tether (USDT) and MountainUSD (USDM)—to create frictionless, low-cost financial solutions across Argentina, Venezuela, Brazil, and beyond. Through integration with Arbitrum’s Layer 2 scaling technology, the platform delivers scalable, secure, and inexpensive transactions—tackling challenges like hyperinflation, costly remittance flows, and limited banking access. Its rapid success (1M+ downloads, #1 crypto app in Venezuela) positions it as a blueprint for crypto-powered financial inclusion.

Key Ideas

1. El Dorado connects stablecoins to 80+ local finance apps, serving as a bridge between traditional fiat ecosystems and digital dollars.

2. Built on Arbitrum's Rollup and Orbit tech stack, it achieves fast settlement, negligible fees, and scalable cross-border performance—ideal for LATAM’s economic climate.

El Dorado doesn’t just use blockchain - it solves human problems with it. If you’re looking to replicate this success in other underserved regions, we would be thrilled to help chart the course!

Read the whole article at: blog.arbitrum.io