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Home»Regulation»Aptos Foundation and Bitso Partner to Expand Stablecoin Transfers in Latin America
Regulation

Aptos Foundation and Bitso Partner to Expand Stablecoin Transfers in Latin America

NBTCBy NBTC28/08/2025No Comments2 Mins Read
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The Aptos Foundation has announced a partnership with Bitso, a leading cryptocurrency-based financial services company in Latin America, to improve cross-border payments in the region. The collaboration will allow Bitso’s 9 million customers to use USDT and USDC on the Aptos network, with a particular focus on remittances between the United States and Mexico.

Stablecoin usage in Latin America is growing, supported by use cases such as remittances, small business payments, and treasury operations. According to Bitso, 46% of all transactions on its platform in the first half of 2025 involved U.S. dollar-pegged stablecoins, up 10% from the previous year. The demand reflects the region’s need for stable-value alternatives to local currencies.

As part of the partnership, Bitso customers will also gain access to APT, with deposits and withdrawals through the Aptos network expected to follow. The Aptos network already processes over $50 billion in stablecoin transfers each month, following integrations with issuers of USDT, USDC, and USDe. The new partnership with Bitso is expected to increase transaction volumes further as it expands into Argentina, Colombia, and Brazil.

Bitso has also launched MXNB, a Mexican peso stablecoin, which highlights the region-specific innovation that Aptos views as key to building global payment infrastructure. The collaboration aims to strengthen on-chain payment solutions linking local and international markets in Latin America.

Image: Freepik

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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