The Rise of Stablecoin-Driven Financial Infrastructure in Latin America

The financial landscape of Latin America is undergoing a seismic shift, driven by the rapid adoption of stablecoin-based infrastructure. As traditional systems grapple with inefficiencies, inflation, and limited access, crypto-native platforms like Bitso and El Dorado are redefining cross-border payments, treasury management, and financial inclusion. Coupled with regulatory innovation—most notably Argentina’s tokenisation framework—this region is emerging as a global leader in digital asset adoption. For investors, the confluence of technological agility, institutional readiness, and policy support presents a compelling case for capital allocation.

Strategic Expansion: Bitso and El Dorado’s Market Capture

Bitso, a Mexican crypto platform, has positioned itself at the forefront of Latin America’s stablecoin revolution. By expanding into Chile and Peru in 2025, Bitso introduced two institutional-grade solutions: FXaaS (Foreign Exchange as a Service) and Pay with Bitso. These tools enable businesses to access real-time USD liquidity, reduce settlement risks, and streamline cross-border transactions using stablecoins like USDT and USDC. Crucially, Bitso’s partnership with the Aptos blockchain has amplified these capabilities, offering sub-second transaction finality and near-zero gas fees for over 9 million users [1].

The results are striking: stablecoin transaction volumes in Latin America more than doubled between H2 2024 and H1 2025, with 71% of regional institutions now using stablecoins for cross-border payments—well above the global average of 49% [2]. Bitso’s B2B unit, Bitso Business, has capitalized on this trend, reporting exponential growth in demand for stablecoin-driven treasury and remittance solutions [3].

Meanwhile, El Dorado, a P2P stablecoin payments app, is addressing financial inclusion in Bolivia, a country plagued by currency instability and foreign exchange shortages. By entering Bolivia in 2025, El Dorado aims to provide 200,000+ users with a digital alternative to traditional banking. Its expansion is backed by funding from Coinbase Ventures and Berkeley Skydeck, underscoring institutional confidence in its mission to democratize access to stablecoin-based transactions [4].

Regulatory Innovation: Argentina’s Tokenisation Framework

Argentina’s regulatory environment has become a critical enabler of this transformation. In 2025, the National Securities Commission (CNV) expanded its tokenisation framework to include listed securities, creating a legal pathway for asset-backed tokens and stablecoin integration. This move not only reinforces Argentina’s position as a regulatory innovator but also attracts global capital seeking jurisdictions with clear digital asset frameworks [5].

The CNV’s approach mirrors broader trends in Latin America, where 86% of institutions have established partnerships for stablecoin integration, and 71% report infrastructure readiness—including APIs and wallets—up to global standards [6]. Such regulatory clarity reduces friction for cross-border transactions and incentivizes platforms like Bitso to scale operations in the region.

Cross-Border Efficiency Gains: A Data-Driven Case

Stablecoins are outperforming traditional systems in speed, cost, and scalability. For instance, Bitso’s Aptos-powered network reduces cross-border transaction fees to as low as $0.01, compared to $50+ for traditional remittances [7]. Settlement times have also plummeted from days to seconds, a critical advantage for businesses in high-inflation economies.

The economic impact is profound. Remittances to Latin America and the Caribbean reached $161 billion in 2024, and stablecoins are projected to capture a significant share of this market by 2028 [8]. For example, the BRL1 stablecoin, backed by Brazilian institutions, is being tested for international settlements, while USDT and USDC dominate due to their liquidity and transparency [9].

Investment Implications

The convergence of market demand, technological infrastructure, and regulatory support creates a virtuous cycle for investors. Bitso’s strategic expansion into Chile and Peru, coupled with its Aptos partnership, positions it as a key player in institutional-grade stablecoin solutions. Similarly, El Dorado’s focus on P2P payments in Bolivia aligns with the region’s urgent need for financial inclusion. Argentina’s tokenisation framework further de-risks investments by providing a clear regulatory pathway.

For capital allocators, the opportunity lies in platforms that bridge technological innovation with real-world adoption. Latin America’s stablecoin-driven infrastructure is not just a niche experiment—it is a scalable solution to systemic inefficiencies, with the potential to redefine global cross-border finance.

Source:
[1] LATAM crypto news: Bitso expands with stablecoin payment solutions as El Dorado enters Bolivia [https://cryptorank.io/news/feed/d4f11-latam-crypto-news-bitso-expands-with-stablecoin-payment-solutions-as-el-dorado-enters-bolivia]
[2] Bitso Business Unveils the Stablecoins Landscape in Latin America Report for the First Half of 2025 [https://ffnews.com/newsarticle/cryptocurrency/bitso-business-unveils-the-stablecoins-landscape-in-latin-america-report-for-the-first-half-of-2025/]
[3] Bitso Business releases Stablecoins Landscape in Latin America [https://www.assetservicingtimes.com/assetservicesnews/industryarticle.php?article_id=17084]
[4] El Dorado llegó a Bolivia para impulsar pagos con stablecoins [https://es.cointelegraph.com/news/el-dorado-llego-a-bolivia-para-impulsar-pagos-con-stablecoins]
[5] Argentina’s CNV expands tokenisation framework [https://cryptorank.io/news/feed/d4f11-latam-crypto-news-bitso-expands-with-stablecoin-payment-solutions-as-el-dorado-enters-bolivia]
[6] Latin America Leads in Stablecoin Adoption with Real- [https://www.fireblocks.com/blog/execution-in-motion-how-latin-america-is-leading-stablecoin-adoption]
[7] Stablecoins and the Future of Cross-Border Payments in Latam [https://www.inswitch.com/blog/stablecoins-and-the-future-of-cross-border-payments-in-latam-a-practical-guide-for-businesses]
[8] The state of stablecoins in cross-border payments: 2025 [https://www.fxcintel.com/research/reports/ct-state-of-stablecoins-cross-border-payments-2025]
[9] Bitso Business Unveils the Stablecoins Landscape in Latin America [https://ffnews.com/newsarticle/cryptocurrency/bitso-business-unveils-the-stablecoins-landscape-in-latin-america-report-for-the-first-half-of-2025/]