![Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado](https://www.coindesk.com/resizer/BbD8CYkrsxHuSPAwYimF7MKXmN8=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/A7VARBNRWFCD7M3LY3QSOXQT5U.jpg)
Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
CoinDeskStablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.