Markets· ★★★· bullish·

Mexico ranks fifth globally in cross-border stablecoin payments, Binance says

  • —Mexico ranks 11th in crypto adoption and fifth in cross-border stablecoin payments
  • —Annual crypto volume in Mexico is about $77.6 billion, 61% of it in stablecoins
  • —Wallets holding more than $10,000 grew 91% since July 2024
  • —Binance will invest over 1 billion Mexican pesos, including an IFPE license acquisition
Why it matters: Surging stablecoin payments in Mexico show digital dollars displacing costly bank transfers in one of the world's largest remittance markets.
#USDT#USDC
Source: BeInCrypto ES
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