El Dorado
Peer-to-Peer
Borderless Digital Currency for Latin America, Zero Fees for All
Founders
Guillermo Goncalvez (Co-Founder & CEO)
Juan (Co-Founder)
Launch Date
2019
Key Investors
Multicoin Capital
Coinbase Ventures
Berkeley Skydeck
Awesome People Ventures
Flori Ventures
and more
About
El Dorado is Latin America's leading stablecoin-powered SuperApp, connecting 70+ payment rails to digital currencies across Argentina, Bolivia, Brazil, Colombia, Panama, Peru, and Venezuela. Users can buy, sell, and transfer USDT, USDC, and BTC using local payment methods with zero gas fees. The platform features a trusted P2P marketplace with a reputation system, gasless stablecoin payments, and cross-border transfer capabilities, making digital dollars accessible and user-friendly for LATAM residents.
70+
LATAM finance apps connected
7
supported LATAM countries
Use Cases
- Remittances - Venezuelan migrant sends USDT to family using El Dorado's P2P marketplace.
- E-commerce Payments - Brazilian online store accepts stablecoins, enabling diverse wallet payments.
- Bill Payments - Panamanian resident converts stablecoins into local currency for utility bill payments.
- Salary Payments - Company pays remote workers in Argentina salaries through USDT via El Dorado.
Stablecoin Adoption in Latin America
- Facilitates stablecoin adoption for cross-border payments in Argentina, Bolivia, Brazil, Colombia, Panama, Peru, and Venezuela
- Allows users to buy and sell stablecoins using local currencies like Argentine pesos, bolivianos, bolivars, Colombian pesos, Brazilian reais, and U.S. dollars
- Connects 70+ payment rails to stablecoins
- Enables users to send digital dollars to family and friends instantly via El Dorado Pay
- Accelerating stablecoin adoption for cross-border payments in Latin America
Crypto Payment Solutions
- Allows issuing payments in USDT on Tron or Arbitrum without holding the underlying token to pay gas fees
- Enables moving money between favorite finance apps like Zelle, PayPal, or local banks, using stablecoins
- Facilitates swapping Tether for yield-bearing stablecoins and earning rewards
- Functions as a P2P marketplace
- Registered as a Virtual Asset Service Provider (PSAV)
Trusted by
binance, wally, bancolombia, lemon, banesco, mercantil, airtm
