Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments
Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments
12/17/24, 11:01 AM
Location
méxicoMoney
$12 billion
Type
partnership
Bitso Business, the B2B arm of Bitso, has released its 2024 results, nearly doubling its business by serving diverse industries such as e-commerce, OTC/trading, gaming, and money transmitters. Significant growth in volume transacted YoY and managing more than 10% of total remittances between US and Mexico indicate its accelerated cross-border remittances growth. Additionally, the company unveils a study revealing stablecoins as the leading alternative for cross-border payments.
Company Info
Location
méxico, mexico
Additional Info
Bitso is Latin America’s leading Financial Services company powered by crypto. With millions of clients, we are leading the financial revolution with borderless, secure, transparent, and accessible financial products.
With the mission to unlock the power of borderless, secure, and easy-to-use financial products by making crypto useful, we are committed to empowering the region with universal access to the digital economy of the future and enabling a fairer monetary system.