Meli Dolar
USD-linked MUSD stable digital asset issued for the Mercado Libre and Mercado Pago ecosystem
USD-linked digital asset, also identified as MUSD, issued through Meli Uruguay for the Mercado Libre and Mercado Pago ecosystem. Current Mercado Pago material describes a one-to-one USD reference and reserve backing held with US financial institutions and broker-dealers, while Ripio acts as custodian and operator. The product is available through Mercado Pago in Mexico, Brazil, and Chile. Meli Dolar is not a bank account, central-bank liability, or risk-free dollar deposit merely because it targets a one-dollar value.