Stablecoins Gain Ground Across Latin America
71% of institutions in Latin America now use stablecoins for cross-border payments.
Latin America has emerged as the global leader in stablecoin adoption. According to data from The Digital Chamber, 71% of institutions across the region now use stablecoins for cross-border payments, marking the highest adoption rate worldwide.
The growing popularity of stablecoins extends beyond individual users and is increasingly evident in the business sector. More companies are turning to stablecoins for international settlements, attracted by their ability to significantly reduce transaction costs.
According to Mizuho, fees for transactions conducted through stablecoins have fallen to below 1%. By comparison, traditional intermediaries typically charge between 5% and 7% of the transfer value.
This rising adoption has fueled record transaction volumes. In 2025, stablecoin transaction activity in Latin America reached $324 billion, representing an 89% increase compared to the previous year.
Stablecoins play a particularly important role in Brazil and Argentina. In Brazil, they account for 90% of all cryptocurrency flows, while in Argentina they represent more than 60% of the market.
Regulatory developments have also contributed to the sector’s expansion. Brazil has implemented legislation governing virtual assets, Bolivia has lifted its long-standing cryptocurrency ban, and Argentina has introduced registration requirements for crypto exchanges. According to The Digital Chamber, greater regulatory clarity has encouraged institutions to expand their use of stablecoins.
The business segment is growing at an especially rapid pace. Over the past two years, the volume of B2B transactions conducted using stablecoins has increased thirtyfold.
The Digital Chamber estimates that if the entire $142 billion sent from the United States to Latin America in 2025 had been settled using stablecoins, total savings could have reached as much as $8.9 billion.
The report’s authors expect stablecoins to play an even larger role in payments, savings, and international money transfers as regulatory frameworks continue to mature across the region.
