Overview
- Global stablecoin supply hit a record roughly $283 billion, up about 128% in 2025, with growth reinforced by the new U.S. GENIUS Act that mandates 1:1 reserves, monthly disclosures and licensing.
- Bitso announced entry into Chile and Peru and rolled out enterprise tools—FXaas for embedded FX and Pay with Bitso for crypto acceptance with instant fiat or digital settlement.
- Institutional and cross-border use of stablecoins in Latin America doubled from H2 2024 to H1 2025, and Mexico’s share of Bitso Business volumes rose to 47%, according to the firm’s report.
- Bitso estimates it handled about 10% of the Mexico–United States remittance corridor in H1 2025, equating to roughly $3.13 billion processed on its platform.
- Mexico’s Ley Fintech faces calls for modernization to address digital assets, with Bitso’s Daniel Vogel urging action and anti–money laundering officials and Chainalysis warning of growing criminal use, including on low-cost networks like Tron.