Latam Insights: Brazil Bans Crypto Transfers as Meta Launches USDC Payouts
Key Takeaways:
Bitso: Stablecoins Hit 40% of Latam Crypto Buys
Bitso, one of Latam’s largest cryptocurrency service providers, has unveiled its 2025 Crypto Landscape in Latin America report, underscoring the key role of stablecoins in the region.
The report, which analyzed data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico, found that nearly 40% of all purchases in 2025 involved dollar-pegged assets, such as USDT and USDC.
USDC’s share of purchases (23%) overcame Bitcoin (18%) and USDT (16%), which the exchange took as a sign that its customers are now prioritizing financial stability and liquidity over short-term strategies.
Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines
The rollout marks Meta’s most concrete step yet into crypto-based payments after years of regulatory setbacks. Creators who qualify can connect a compatible crypto wallet to their Meta payout account and begin receiving earnings in USDC, a dollar-pegged stablecoin, directly on the Solana or Polygon networks.
Stripe, which acquired stablecoin infrastructure firm Bridge, is the primary partner powering the backend. Meta issued requests for proposals to third-party providers in February 2026, with Stripe emerging as the leading choice. The current pilot reflects what those early discussions targeted: a workable, low-friction system for international creator payments.
The path to this moment was not direct. Meta attempted its own cryptocurrency project, originally called Libra and later renamed Diem, between 2019 and 2022. Regulatory opposition from lawmakers in the United States and Europe killed the effort.
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