The Stablecoins landscape in the Latam report published by Bitso recently revealed that this use case has skyrocketed as these devices emerge from the regulated grey zones of countries such as Mexico and Argentina.
Bitso Report specifies that institutional stubcoin adoption has more than doubled in Latin America
Latin America remains a benchmark for Stablecoin adoption, and these assets could become true alternatives to traditional funding. The Stablecoins landscape in the Latam report, published by Crypto Exchange Bitso, discovered that institutions are increasingly adopting Stablecoins as part of their business model.
Bitso Business, an institution-centric unit on the exchange, has designated that the volume traded by more than 1,300 companies offered by the platform has more than doubled between H2 2024 and H1 2025.
Part of this shift includes an increase in new opportunities apart from remittances, which were traditional adoption use cases for stables. The report mentions the Treasury, Arbitrage and FX as new drivers for using Stablecoins.
Imran Ahmad, general manager of Bitso Business, highlighted the link with an increase in the use of Stablecoin to open local markets to foreign participants. He said:
Stablecoins not only represents technology change, but also the opportunity for global companies to access and operate a Latin market with speed, transparency and efficiency.
Additionally, Ahmad emphasized that Stablecoins “created new rails for innovation, allowing businesses of all sizes to participate in a more open and inclusive financial ecosystem.”
To support this growth, the company announced expansion into two new major markets, Chile and Peru, as well as the implementation of Bitso Pay. This is a solution that allows Bitso Business customers to receive cryptocurrency payments without addressing compliance complications. The platform features an immediate fiat exchange and cryptocurrency settlement received by merchants, removing volatility-induced risks from the payment process.
Read more: Bitso Report: XRP rises as a dark horse in the LATAM portfolio
