Bitso, a Latin American crypto platform, says that stablecoin usage by business customers has increased by 81% year over year. The company provided the update during the Stablecoin Conference 2026 in Mexico City. Bitso did not share aggregate amounts to provide data on actual usage.
Bitso said that over 1900 institutional clients were using their platform during the first half of 2026. Over 60% of these firms were traditional banks and other financial institutions. The company shared that stablecoins have topped Bitcoin purchases for the first time in Latin America.
Bitso describes the integration of digital assets and traditional finance as the “Hybrid Finance era.”
Daniel Vogel, CEO and co-founder of Bitso, says the convergence of digital and traditional 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. This phenomenon is said to validate Bitso’s strategy.
Founded in 2014, Bitso operates in Mexico, Brazil, Argentina, Colombia, and provides institutional connectivity across Chile, Peru, the United States, and Europe.