🔝 Promising emerging markets for crypto payments: expansion continues
🔝 Promising emerging markets for crypto payments: expansion continues
Blockchain.com launched a business payments platform focused on Brazil🇧🇷, while cryptocurrency exchange KuCoin expanded integration with banking and mobile payment networks in Mexico🇲🇽, Bangladesh🇧🇩 and Zambia🇿🇲.
💘 In Brazil, the service is targeted at institutional clients. USDT and USDC will be used for cross-border transactions, supplier payments and payroll settlements.
💘 Regarding KuCoin, the platform integrated Mexico’s local banking system #SPEI; mobile payment platforms bKash and Nagad in Bangladesh; and mobile payment networks operated by MTN and Airtel in Zambia. In these countries, the services are aimed primarily at retail users.
💘 Key developments:
🔜 In Latin America, institutional stablecoin transaction volumes increased by 81% during the first half of 2026, driven by growing adoption of blockchain-based settlement solutions, treasury management and cross-border liquidity services. More than 60% of new corporate clients were financial institutions.
🔜 A Chainalysis report published in September 2025 on cryptocurrency adoption in Sub-Saharan Africahighlights that stablecoins play an important role in large-scale commercial flows between Africa, the Middle East and Asia. These include multimillion-dollar transactions linked to sectors such as energy, international trade and merchant payments.
🔜 Companies continue investing in infrastructure to support this expansion. Last week, Trace Finance raised 32 million USD to expand its cross-border settlement network across Latin America, the Asia-Pacific region and the United States🇺🇸.
#news #crypto #p2p #Brazil #Mexico #Asia #Africa
Weekly high-risk digest
Regulation, sanctions and payment news across your verticals — once a week, free.
Please check your inbox and click the link to confirm your subscription.
Please enter a valid email address!
Comments