Bitso Processes Over 14% of US-Mexico Remittances in First Eight Months of 2026
From January to August 2026, Bitso processed approximately 14.7% of all remittances sent from the United States to Mexico, according to Banco de México (Banxico) data. This growth is attributed to Bitso Business, its B2B payments unit that enables other financial providers and remittance companies to transfer money between countries using digital assets and stablecoins as infrastructure. Mexico received $41.8 billion in remittances during the same period, with 99.1% arriving via electronic transfers. Remittances represent a key source of foreign currency for Mexico, contributing about 4% to its GDP. Bitso's CEO emphasized that digital assets are becoming integral to financial infrastructure across Latin America. Bitso operates in multiple regions and serves over 10 million users and more than 2,000 institutional clients through regulated services.
Topics: B2B-payments cross-border-remittances digital_assets