Stablecoins , and agile alternative for simplifying payments and mitigating volatility risks in various sectors. A recent study by Bitso Business, "Stablecoin Ecosystem in Latin America: A Guide for Global Business Leaders ," developed by PCMI, highlights how stablecoins are becoming preferred methods for global value transfers. By eliminating intermediaries, they reduce costs and accelerate transactions.
The use of stablecoins has advanced significantly, reaching a market capitalization of US$168 billion in October 2024 and moving trillions of dollars annually. The total supply exceeded US$150 billion in 2024, and the outlook for 2025 indicates that these currencies will continue to enhance functions traditionally attributed to money, such as payments in strategic sectors.
- International remittances: The World Bank estimates that remittance flows reached US$685 billion in 2024, with Latin America representing a significant share of this amount. However, high costs and delays due to multiple intermediaries remain challenges for financial companies and users. Stablecoins eliminate these barriers, making international transactions more economical and agile.
- Games and digital entertainment: the gaming industry continues to expand rapidly, projected to reach US$321 billion by 2026, according to a PwC report¹. Stablecoins can boost this growth by solving problems of payment fragmentation and incompatibility between games, platforms, and providers, ensuring fast and transparent transactions integrated into global ecosystems.
- Import and export: sectors dependent on global supplier networks face challenges such as fragmented regulations and payment complexity. Stablecoins emerge as an efficient solution, offering 24/7 availability, instant and secure transactions, as well as reducing fraud and increasing the efficiency of supply chains.
- Companies expanding into Latin America: the Latin American cross-border B2B market, valued at US$600 billion, could reach US$1.37 trillion by 2030. However, companies entering the region face challenges such as currency volatility, restricted access to banking systems, lack of liquidity, and complex regulations. To help navigate this process, they are using stablecoin-based solutions on platforms like Bitso Business to access the Latin American market in a regulated manner and connect to local payment systems.
- Global payroll: The globalization of the labor market, intensified by the pandemic, has expanded opportunities for professionals to work remotely. However, paying these employees without a local financial institution or connection to payment systems is a challenge. Stablecoins facilitate this process by offering lower fees, greater security, and financial inclusion, eliminating geographical barriers.
Different sectors are realizing the potential of stablecoins to make international payments faster, safer, and more economical. The adoption of these currencies offers competitive advantages, especially in markets that demand high efficiency and transparency.
¹ https://www.pwc.com/gx/en/issues/business-model-reinvention/outlook/insights-and-perspectives.html
