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Cryptocurrency News Articles

Safe and El Dorado Partner to Enhance Security and User Experience for Stablecoin Transactions Across Latin America

Jan 20, 2025 at 09:06 pm

Safe, a leader in smart contract wallet infrastructure, is excited to announce a strategic partnership with El Dorado, Latin America’s stablecoin-powered SuperApp.

Safe and El Dorado Partner to Enhance Security and User Experience for Stablecoin Transactions Across Latin America

Blockchain infrastructure provider Safe has announced a partnership with El Dorado, a stablecoin-powered SuperApp in Latin America.

The collaboration will see Safe’s smart contract technology integrated into El Dorado’s new self-custodial wallet.

This will enhance the security of stablecoin transactions for users across the region.

El Dorado’s platform has already facilitated over 3 million peer-to-peer USDT transactions for more than 400,000 Latin Americans.

The integration of Safe’s audited smart contract infrastructure will ensure that users can transact and save in stablecoins with unmatched reliability.

With an increasing demand for self-sovereignty and secure financial tools in Latin America, the integration of Safe’s smart contracts will empower users to take control of their assets.

Safe, trusted by the world’s largest DeFi protocols, brings its unparalleled reputation for security and audit reliability to El Dorado’s growing user base.

This partnership will ultimately contribute to the safe and widespread adoption of stablecoins in Latin America.

With Safe’s security-first infrastructure and El Dorado’s interoperability across more than 70 of Latin America’s top finance apps, this partnership is set to reshape the region’s payments landscape.

By introducing a secure and user-friendly self-custodial wallet, Safe Global and El Dorado are jointly paving the way for users to participate in the growing digital dollar economy with confidence.

Richard Meissner, Co-Founder of Safe, said: “At Safe, our focus is on delivering robust, secure, and user-centric infrastructure for digital asset management. Partnering with El Dorado allows us to support millions of Latin Americans as they embrace stablecoins and decentralized finance with confidence.”

Juan Andreu, CTO and Co-Founder of El Dorado, said: “El Dorado’s mission has always been to make stablecoins accessible, usable, and secure for Latin Americans,” said. “Thanks to Safe’s industry-leading smart contracts, our users can now access a new self-custodial wallet that prioritizes security and usability.”

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