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Payments news

Aptos Foundation and Bitso form strategic partnership


20 August 2025 Mexico City
Reporter: Tahlia Kraefft

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Image: William/stock.adobe.com
Aptos Foundation and Bitso, a Latin American crypto company, have collaborated to open up instant stablecoin payments to millions of users across the region’s rapidly expanding markets.

Nine million Bitso users will be connected to USDT and USDC on the Aptos network as part of the alliance, enabling further modernisation of cross-border payments especially in the large volume US-Mexico corridor.

Stablecoin uptake is increasing across Latin American, with everyday use areas the predominant adopters such as remittance, small business payments, and treasury management.

Bitso clients will receive connection to APT, which will be extended to full deposits and withdrawals across the Aptos network in the future.

The action will further extend Aptos’ role in global payments systems with the network currently used by major global stablecoin issuers such as USDT, USDC, and USDe.

The alliance between Bitso, who generated MXNB, the first Mexican Peso stablecoin, and the Aptos Foundation, will enable on-chain payment solutions that link local and international markets throughout Latin America.

Ben Reid, head of stablecoins at Bitso comments: “As we continue expanding our services across Latin America, partnering with high-performance blockchains like Aptos ensures our customers get access to the most advanced digital asset infrastructures and fastest-growing DeFi ecosystems available.

“Aptos is laying the framework for a truly global trading engine, centered on speed, low-cost and real-world scale. We’re delighted to partner with them and extend those benefits to our millions of users around the world.”

Ash Pampati, head of ecosystem at Aptos Foundation adds: “Latin America is leading the stablecoin payments revolution and reshaping the potential of financial services. We’re excited to be partnering with a market leader like Bitso that is perfectly positioned to accelerate growth across the region.”
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