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Home / SPEI / 🔝 Promising emerging markets for crypto payments: expansion continues
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🔝 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

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