A recent report from Bitso highlights a significant rise in stablecoin use in the fintech sector. The report, “Stablecoins Landscape in Latin America,” shows that Bitso Business, Bitso’s B2B division, experienced a doubling of stablecoin transactions between H2 2024 and H1 2025.
Driving this growth are payment service providers and the gaming industry. This surge in stablecoin transactions in these sectors suggests a rising acceptance of digital currencies in the mainstream financial ecosystem.
Stablecoins are digital currencies pegged to a stable asset like gold or a traditional fiat currency. They offer less volatility than cryptocurrencies such as Bitcoin or Ethereum. Their stability, coupled with the transparency and efficiency of blockchain technology, makes them attractive for institutional payments and cross-border transactions.
Bitso Leading the Charge in Stablecoin Adoption
In Latin America’s fintech sector, Bitso is at the forefront of stablecoin adoption. The significant rise in stablecoin transactions through Bitso Business underscores the company’s commitment to fostering wider acceptance of digital currencies in the region.
The report from Bitso Business sheds light on the evolving stablecoin landscape in Latin America. It underscores the growing use of these digital currencies in the gaming industry and among payment service providers. These sectors are quick to see the benefits of stablecoins, particularly their ability to facilitate fast and secure transactions.
To conclude, the doubling of stablecoin transactions through Bitso Business between H2 2024 and H1 2025 indicates a positive trend in the fintech industry. It suggests that more sectors are starting to recognize the potential of stablecoins and other digital currencies. Given Bitso’s ongoing initiatives, we can anticipate the adoption of stablecoins in Latin America to maintain its upward trajectory.