Ever wonder how money moves faster than ever across borders? A new report from Bitso Business just dropped, showing stablecoins are rapidly changing the game in Latin America! From doubling institutional remittances to a massive boost in gaming payments, the digital asset revolution is here. What does this mean for the future of finance?
Bitso Business, a leading infrastructure provider for cross-border payments, has unveiled a groundbreaking report, “Stablecoins Landscape in Latin America,” signaling a monumental surge in the adoption and utilization of digital stablecoins by businesses throughout the region. This comprehensive study, rooted in a behavioral analysis of over 1,300 Bitso Business clients, illuminates the accelerating integration of these virtual assets into the core financial operations of Latin American enterprises.
The report’s most striking revelation is the unprecedented growth in institutional remittances, where stablecoin uptake more than doubled between the second half of 2024 and the first half of 2025. This dramatic increase underscores a significant shift in how companies are managing and executing cross-border transactions, increasingly favoring the efficiency and transparency offered by stablecoin-based solutions.
Beyond traditional remittances, the study highlights a remarkable expansion into diverse sectors. Payment service providers recorded a substantial 68 percent growth in their use of stablecoins, while the nascent but rapidly expanding gaming industry experienced an astounding 5.3-fold increase, positioning it as a key driver of digital asset adoption within the region.
Crucially, the report emphasizes that stablecoin integration is moving beyond traditional traders and money transmitters. New and sophisticated use cases, including foreign exchange (FX) operations, treasury management, and arbitrage strategies, collectively accounted for a significant 45 percent of Bitso Business’s total stablecoin volumes during the first half of 2025, demonstrating a broadening functional utility.
Geographically, the ‘Stablecoins Landscape in Latin America’ report showcases consistent growth across the continent. Mexico continues to lead the charge, solidifying its position with its share of stablecoin transaction volumes rising from 45 percent to 47 percent between H1 2024 and H1 2025, indicating a robust and maturing market.
Brazil and Colombia also demonstrated healthy year-on-year growth, each increasing their stablecoin transaction volumes by two percentage points during the same period. While other nations in the region are still in the preliminary phases of stablecoin adoption, the data reveals a steady and promising upward trajectory, suggesting a wider regional embrace is on the horizon.
Daniel Vogel, CEO and co-founder of Bitso, articulates the company’s pivotal role: “In Latin America we are not just observing this transformation, but we are leading it. Many companies have already trusted Bitso Business infrastructure for cross-border payments and stablecoin-based solutions that enable global businesses to pay and get paid instantly in local currencies, with efficiency, transparency, and regulatory coverage.” He further adds, “And this is why we’ve taken the time to listen to our clients, to understand what they are using and for what purposes.” This commitment to understanding client needs is clearly driving the successful integration of stablecoins.
The findings collectively paint a compelling picture of Latin America as a burgeoning hub for financial innovation, with stablecoins emerging as a cornerstone of the modern digital economy. This detailed analysis from Bitso Business provides invaluable insights for businesses, investors, and policymakers alike, highlighting the transformative potential of these digital assets for regional economic growth and global connectivity.
