Aptos and Bitso Partnership
Aptos, a blockchain known for its efficiency and speed, has formed a strategic alliance with Bitso, one of Latin America’s major cryptocurrency exchanges, to penetrate the rapidly evolving stablecoin landscape in the region. This collaboration is primarily aimed at tapping into the lucrative U.S.-Mexico financial corridor, which processes billions of dollars and involves millions of transactions daily from users seeking affordable and quick financial services.
Growth of Stablecoins in Latin America
The stablecoin market in Latin America is witnessing explosive growth, with Bitso reporting that these digital currencies accounted for 46% of all trades in the first half of 2025, a clear sign of increasing demand. By incorporating Aptos-based stablecoins such as USDC and USDT onto its platform, Bitso will be able to serve its vast customer base of 9 million, providing them with a low-cost option for transactions.
Statements from Industry Leaders
Ash Pampati, the head of ecosystem at Aptos Foundation, emphasized the importance of this partnership, stating that it is essential for advancing the usage of stablecoins in day-to-day transactions. He remarked, “We are committed to showcasing the practical benefits of blockchain technology in Latin America, and our collaboration with Bitso will enhance the experience for users in the region.”
Ben Reid, the Head of Stablecoins at Bitso, echoed these sentiments, highlighting how Aptos’ innovative technology is set to transform trading experiences. He noted, “With Aptos, we are laying the groundwork for a robust and fast trading engine that benefits every user, significantly improving the transaction process.”
Future Outlook
As the appeal of stablecoins continues to rise in Latin America, Aptos seeks to position itself alongside players like Ripple to maximize potential gains in this burgeoning market. Goldman Sachs analysts predict that stablecoins could reach a market cap in the trillions, underscoring the substantial opportunities available.
This partnership marks a significant step forward in demonstrating the utility of blockchain for practical applications, making financial transactions more efficient and accessible to everyday users in Latin America.
