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El Dorado

El Dorado

El Dorado is a stablecoin-powered SuperApp for Latin America that provides a P2P marketplace for buying, selling, and sending digital dollars and other stablecoins using local currencies. It aims to bridge the gap between stablecoins and the region's finance applications, offering a smart wallet and gasless cross-border payments to facilitate transactions and help users protect their savings.
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Description

El Dorado is a financial SuperApp focused on the Latin American market, enabling users to conduct cross-border payments and P2P transactions with stablecoins. The platform connects over 70 payment methods, allowing users to buy and sell stablecoins like USDT with local currencies in countries such as Argentina, Brazil, Colombia, and Peru. Key features include the El Dorado Wallet for managing digital dollars, a P2P marketplace with a reputation system, and El Dorado Pay for instant, gasless transfers on networks like Tron and Arbitrum. The platform, which requires user KYC, acts as a secure intermediary by holding crypto assets in escrow until payment is confirmed. Founded in 2020, El Dorado also offers services like payroll processing and is operated by El Dorado Labs S.R.L., a registered Virtual Asset Service Provider (PSAV).