The company has also seen growth in local real-time payments in Mexico, with its payout rails enabling transactions that reached $15.6 billion in annualized volume, Bitso Business said in a Thursday (Dec. 18) press release emailed to PYMNTS.
Bitso Business, the B2B arm of digital financial services company Bitso, offers companies based in Mexico, the United States and several other countries direct access to Mexico’s 24/7 instant payment system, according to the release.
The company’s offerings include enhanced stablecoin rails for foreign exchange and treasury solutions, local payment connectivity with regulatory engagement across jurisdictions, and operational reliability with API infrastructure for real-time settlements and liquidity capabilities, the release said.
Its 1,900 institutional clients include global marketplaces, remittance providers, creator-economy platforms, FinTechs and digital commerce companies expanding in Latin America, per the release.
Felipe Vallejo, Bitso chief corporate affairs officer and country manager at Bitso Mexico, said in the release that the company’s TPV milestone is “a signal that the global financial system is undergoing a structural shift toward stablecoin-based infrastructure.”
“Companies need faster, cheaper and more transparent rails across borders and within countries,” Vallejo said. “Our real-time domestic payment capabilities combined with our leadership in digital payments give global businesses a single, unified platform to move money with unprecedented efficiency.”
Imran Ahmad, Bitso chief operating officer and general manager at Bitso Business, said in the release: “Our 2025 results reinforce Bitso Business’s role not just as a regional provider, but as a key payments hub connecting global businesses to the region’s real-time financial networks.”
Bitso Business teamed up with spend management platform Clara in September to launch stablecoin-backed payments and corporate cards for businesses in Latin America.
“This collaboration enables companies holding stablecoins in Bitso to use those assets as collateral for payments products issued by Clara,” the companies said at the time in a press release.
In October 2024, Ripple announced that Bitso was one of the exchange partners and customers for its U.S. dollar-denominated stablecoin, Ripple USD (RLUSD).
For all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.