PANews reported on April 29th that, according to CoinDesk , Latin American digital wallet Belo has completed a $ 14 million Series A funding round, led by stablecoin issuer Tether , with participation from Titan Fund , The Venture City , Mindset Ventures , and G2 . Founded in 2021 and headquartered in Buenos Aires, Argentina, Belo boasts over 3 million users and offers wallet services for holding and transferring both local fiat currency and digital US dollars. The company plans to use this funding to expand into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, and deepen its presence in Brazil, focusing on serving freelancers and remote workers making cross-border payments, reducing cross-border payment and foreign exchange costs and friction through stablecoin infrastructure.