Stablecoin Boom Hits $174B LATAM Flows as Fintechs Miss $112B Hidden Corridors
Key Takeaways:LATAM Flows Shift Away From MexicoStablecoins Are Held, Not Just SentUsers Want Dollars, Not TransactionsThe Real Remittance User Is Not Crypto-NativeCosts and Competition Are Shifting FastRegulation and Strategy Divide the Region
Another dimension, which was added recently in the U.S. policy, is the 1% tax on the cash remittance. This is driving users towards online and crypto-based remits. Firms able to adjust to these variations and integrate both local payment rails and combination of stablecoin liquidity are in a better position to respond to long-term demand.
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