XDC Network partners with Bitso Business to power cross-border payments from the US to Mexico
|The XDC Network, a leading blockchain platform for real-world finance, is proud to announce a strategic partnership with Bitso Business - the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-border payments—to enable low-cost, near-instant payments from the U.S. to Mexico, one of the world’s largest remittance corridors.
With over $63 billion in inbound remittances, Mexico ranks second globally, while the United States leads the world in outbound remittance volume, exceeding $70 billion annually. This corridor is essential for millions of individuals and SMEs across the Americas, and XDC aims to modernize its financial infrastructure through blockchain.
This collaboration establishes a blockchain-based payment rail leveraging the XDC Network’s ISO 20022-compatible, ultra-efficient infrastructure and Bitso Business’ robust fiat on/off ramps across LATAM — helping businesses and individuals move value faster, more securely, and at a fraction of the cost of traditional channels.
Amitava Mandal, Ecosystem Development at XDC Network, commented:
"This partnership with Bitso Business marks a major leap toward our mission of bridging traditional finance with blockchain efficiency. Together, we’re delivering faster, fairer cross-border transfers that solve real-world challenges in global remittances and SME trade."
Key Benefits of the Partnership:
- Low-Cost Remittances – Cross-border transfers settle in seconds with minimal fees, powered by the XDC blockchain.
- Multi-Currency Support – Instant USD ⇄ MXN conversion through Bitso’s LATAM liquidity rails.
- Enterprise Integration – Ideal for SMEs, fintechs, and institutions paying suppliers or employees abroad.
- Standards-Driven – Built on ISO 20022-compliant messaging, enabling future-proof compatibility with banks and regulated entities.
- Real-World Use Case – Aligns with XDC’s mission to drive meaningful adoption in high-impact, emerging markets.
With over a decade of experience, Bitso’s suite of enterprise-grade APIs and regulatory access across Latin America brings a powerful layer of regional interoperability to the XDC ecosystem. Combined with XDC’s hybrid blockchain and commitment to financial inclusion, this partnership sets a new benchmark for tokenized value transfer in real-world finance.
About XDC Network
The XDC Network is an enterprise-grade, EVM-compatible blockchain designed for tokenizing real-world assets (RWA), enabling trade finance digitization, and supporting ISO 20022-compatible cross-border settlement infrastructure. Built for institutional-grade scalability and compliance, it offers near-zero fees and fast finality.
XDC.Cash enables global crypto-to-fiat payments across 100+ countries.
Visit: www.xdc.org | www.xinfin.org | www.xdc.cash
Promoted content
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.