Bitso Business Says Stablecoin Payment Volume Now Runs Above $150B Annualized

TL;DR: Bitso Business says the payment flows passing through its infrastructure have reached an annualized rate above $150 billion, up 83% from $82 billion a year earlier. The November 4 disclosure puts Latin American cross-border payments back in focus as a practical use for stablecoins. Bitso Business says the payment flows passing through its infrastructure have reached an annualized rate above $150 billion, up 83% from $82 billion a year earlier. The November 4 disclosure puts Latin American cross-border payments back in focus as a practical use for stablecoins. The number is significant, but it describes an annualized transaction run rate, not net revenue, assets under custody or a full calendar year's independently audited settlement.

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