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LATAM crypto news: Bitso expands with stablecoin payment solutions as El Dorado enters Bolivia

by admin August 31, 2025
by admin August 31, 2025 0 comment

LATAM is establishing itself as a vital hub in the global Bitcoin ecosystem, with new milestones demonstrating both rapid adoption and increasing creativity.

Bitso Business, the B2B unit of Mexican crypto exchange Bitso, wrapped up the 2025 Stablecoin Conference with major announcements.

These included its entry into the Chilean and Peruvian markets and the launch of two stablecoin-powered corporate payment systems.

The event drew over 1,800 people from 43 countries, underscoring the increasing significance of stablecoins in Latin America’s financial landscape.

Bitso’s business expands across LATAM with new stablecoin solutions

Bitso Business, the B2B branch of Mexican cryptocurrency exchange Bitso, successfully concluded the 2025 Stablecoin Conference on Thursday, which drew over 1,800 participants from 43 countries.

Over half of the audience comprised founders, executives, and directors from over 800 organisations.

During the occasion, the firm announced its expansion into Chile and Peru, as well as the debut of two new corporate payment solutions based on stablecoins.

These projects aim to improve cross-border efficiency and lower corporate expenses while capitalising on the region’s increased embrace of digital assets.

One of the most notable features was FXaaS (Foreign Exchange as a Service), a solution that allows institutional clients to incorporate foreign exchange services directly into their platforms.

The solution, which offers competitive rates, real-time dollar availability, and rapid withdrawals, is designed for financial institutions, fintechs, and payment providers looking for speed and cost savings in their operations.

Bitso also launched Pay with Bitso, a crypto payment solution that lets retailers accept digital assets with rapid settlement in fiat or stablecoins.

The platform bridges traditional and digital payment systems while ensuring regulatory compliance.

Argentina expands tokenisation framework with new CNV resolution

The National Securities Commission of Argentina (CNV) has approved General Resolution No. 1081, which expands the country’s Tokenisation Regime to encompass digital representations of listed shares (including dual-listed shares), corporate bonds, and Argentine Deposit Certificates (CEDEAR).

This is the second phase of a regulatory process that began in June 2025 with Resolution No. 1069, which initially permitted the tokenisation of certain real-world assets under a controlled innovation framework.

By broadening the scope to include listed securities, Argentina positions itself at the forefront of regulatory innovation in Latin America, aiming to improve legal clarity for both issuers and investors.

The resolution incorporates feedback from a public consultation and introduces significant updates.

These include allowing Virtual Asset Service Providers (VASPs) to act as depositors with the Central Securities Depository and recognizing investors’ right to switch between digital and traditional representations at any time.

By granting functional equivalence to tokenised securities, the CNV assures that these digital instruments meet high security, traceability, and verifiability standards.

This extension aligns Argentina with worldwide trends, drawing on examples from Brazil and the European Union, as well as El Salvador’s pioneering digital assets law.

El Dorado expands to Bolivia to boost stablecoin adoption

El Dorado, a Latin American peer-to-peer stablecoin payments app, has announced its formal arrival in Bolivia as part of its objective to provide digital alternatives during dollar shortages and to increase financial inclusion in the region.

The site, which is already available in Argentina, Brazil, Colombia, Panama, Paraguay, and Peru, allows users to purchase and sell USDT in bolivianos using over 70 different payment methods such as Yape, Mercado Pago, Pix, and bank transfers.

Bolivia is identified as a critical market by the corporation due to its increasing banking sector and the necessity for dependable alternatives to currency instability and limited access to foreign exchange.

In its first year of operation, the app, which received funding from Coinbase Ventures and Berkeley Skydeck after a successful seed round, had over 200,000 users and one million transactions.

To become the “SuperApp” of stablecoin payments in Latin America, El Dorado intends to onboard a large number of Bolivian users by the end of 2025.

Its interoperability with dozens of payment processors and wallets is marketed as a key advantage, allowing for quick money transfers and lowering obstacles for users across the region.

The post LATAM crypto news: Bitso expands with stablecoin payment solutions as El Dorado enters Bolivia appeared first on Invezz

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