Particle.news

Download on the App Store

Stablecoins Surge Across Latin America as Bitso Expands and Mexico Weighs Fintech Law Update

Regulators warn urgent rulemaking is needed to curb illicit finance as dollar-linked tokens shift from remittances to corporate payments.

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 MexicoUnited 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.