First reported June 15, 2026 by The Block · covered by 3 sources
El Dorado was founded in 2022 by Latin American immigrants with firsthand experience dealing with cross-border payments.
Paradigm has led a $9 million Series A funding round for Latin American payments platform El Dorado as the company expands stablecoin-powered cross-border transfers across underserved markets in the region. According to a June 15 announcement from Paradigm, the investment…
Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.
