- Data completeness
- 100%
- Confidence
- 90%
- Sources
- 5
- Last reviewed
- 7 Jun 2025
The take
What to know
El Dorado is a Latin American stablecoin payments super-app headquartered in Bogotá, Colombia. It operates within the Tempo ecosystem as a key on-ramp and off-ramp partner, enabling users to transition between local fiat currencies and stablecoins. The platform is backed by major crypto investors including Multicoin Capital and Coinbase Ventures, and provides a suite of tools including a P2P exchange, digital dollar accounts, and a payment card.
Best for
- +On-ramping and off-ramping between LATAM local currencies and stablecoins
- +Accessing digital USD accounts and P2P liquidity in Latin America
Watch out
- Availability of specific core products may vary across different Latin American countries
The record
Key facts
- Platform Type
- A Latin America-focused stablecoin payments super-app.· 95%
- Role on Tempo
- Serves as an on-ramp and off-ramp partner for converting local Latin American currencies to and from stablecoins.· 98%
- Core Products
- Digital dollar (USD) accounts, P2P exchange marketplace, payment card, and Earn functionality.· 96%
- Primary Regions
- Operates across Latin America, with agreed coverage in Colombia, Argentina, Peru, Brazil, Bolivia, and Panama.· 92%
- Headquarters
- Bogotá, Colombia.· 60%
- Key Investors
- Backed by Multicoin Capital, Coinbase Ventures, and Berkeley SkyDeck.· 99%
The timeline
History
2024-05
Seed Funding Announcement
Announced a seed funding round backed by Multicoin Capital, Coinbase Ventures, and Berkeley SkyDeck.
2026
Tempo Ecosystem Integration
Listed as an active Latin American on-ramp and off-ramp partner in the Tempo payments blockchain ecosystem.
Questions
FAQ
- What is El Dorado's role on the Tempo network?
- El Dorado functions as a regional on-ramp and off-ramp partner, facilitating the conversion of local Latin American fiat currencies into stablecoins used within the Tempo ecosystem.
- What products are available on the El Dorado app?
- The platform offers a comprehensive suite of digital financial tools, including a P2P exchange marketplace, digital dollar (USD) accounts, a payment card, and Earn functionalities.
- Who are the primary investors in El Dorado?
- El Dorado's key backers include Multicoin Capital, Coinbase Ventures, and Berkeley SkyDeck.