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Bitso Reports 81% Jump in Stablecoin Usage by Business Clients
Latin American crypto platform Bitso says stablecoin purchases topped Bitcoin for the first time, with over 1,900 institutional clients using its platform.
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Bitso, a Latin American crypto platform, reported an 81% year-over-year increase in stablecoin usage among business customers, the company said at the Stablecoin Conference 2026 in Mexico City. Bitso did not disclose aggregate volumes.
More than 1,900 institutional clients used Bitso during the first half of 2026. Over 60% of those firms were traditional banks and other financial institutions, the company said. For the first time in Latin America, stablecoin purchases on the platform exceeded Bitcoin purchases.
Bitso calls the integration of digital assets and traditional finance the “Hybrid Finance era.” CEO and co-founder Daniel Vogel said the convergence is driven by global banking giants and established fintechs building capabilities on one side, and digital asset firms expanding into regulated financial services on the other. He said the trend validates Bitso’s strategy.
The shift from Bitcoin to stablecoins among corporate clients suggests businesses in the region prioritize price stability for payments and treasury management, rather than speculative exposure. Stablecoins are increasingly used for cross-border settlements and as a hedge against local currency volatility in markets like Argentina and Colombia, where inflation remains high.
Bitso’s institutional client base now spans over 1,900 firms, with more than half being traditional financial institutions. That mix indicates that regulated banks and fintechs are integrating digital assets into their operations, not just crypto-native companies. The platform provides connectivity across Mexico, Brazil, Argentina, Colombia, Chile, Peru, the United States, and Europe.
Founded in 2014, Bitso has positioned itself as a bridge between crypto and traditional finance in Latin America. The 81% growth in stablecoin usage among business clients reinforces that role, even as the company declines to disclose absolute transaction volumes. The next milestone for the region will be whether other platforms report similar trends, signaling a broader shift in how Latin American corporations use digital currencies.