Bitso Business announced that payment flows moving through its infrastructure have climbed to an annualized rate exceeding $150 billion. This figure represents an 83 percent increase compared to the $82 billion recorded a year prior, according to a disclosure shared on November 4.
The update highlights how stablecoins are utilized for cross-border transactions in Latin America. The reported volume translates to an estimated daily amount of over $410 million, with more than 2,000 institutional clients currently utilizing the platform's infrastructure.
Cryptocurrency readers tracking institutional adoption will note that annualized figures project short-term activity over a twelve-month period and reflect total transaction volume rather than company revenue or net profits. Bitso's setup connects local payment systems to round-the-clock digital asset settlement layers, allowing businesses to execute transfers outside traditional banking hours and avoid standard intermediary delays.