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Bitso processes 15% of US-Mexico remittances

Monday, October 05, 2026 — 18:13:31 (UTC)

Bitso Processes 15% of US-Mexico Remittances

From January to August 2026, roughly one in every seven dollars sent through this corridor moved through Bitso's infrastructure.

MEXICO CITY, Oct. 5, 2026 /PRNewswire/ -- Bitso, Latin America's leading digital financial services company, processed 14.7% of all remittances sent from the United States to Mexico in the first eight months of 2026, based on Banco de México (Banxico) figures. The result reflects the growth of Bitso Business, the company's B2B payments unit.

Unlike a traditional direct-to-consumer remittance service, Bitso operates as part of the infrastructure that enables remittance companies and other financial providers to move money between the United States and Mexico. Its technology uses digital assets and stablecoins as rails to transfer value across borders and settle in local currency, reducing the friction of moving money internationally.

Remittances are one of Mexico's main sources of foreign currency and account for about 4% of GDP. According to Banxico, Mexico received US$41.8 billion in remittances between January and August 2026, up 2.2% year over year. Of that total, 99.1% (US$41.4 billion) arrived through electronic transfers.

In 2024, Bitso estimated it was processing more than 10% of US–Mexico corridor volume through Bitso Business and the companies that use its technology for international payments.

"Close to 15% of US–Mexico remittances now run through our infrastructure. That shows digital assets are no longer a niche technology. They are becoming part of the financial infrastructure that moves money in Latin America. Most people receiving a remittance never see the technology behind it. What matters is that their money arrives faster, more efficiently and more securely," said Felipe Vallejo, CEO of Bitso Mexico.

About Bitso

Bitso is Latin America's leading digital financial services group, serving more than 10 million users and over 2,000 institutional clients through a regulated financial infrastructure built for the digital economy. Through its ecosystem of specialized companies, including Nvío, Nvierte, and Juno, Bitso provides consumers with access to digital assets, equities, and investment products, while enabling businesses and financial institutions to process local and cross-border payments at scale. Founded in 2014, Bitso operates across North, Central, and South America and Europe.

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Source: Company press release.

Categories: Announcement