Bitso confirmed its expansion to Peru and Chile as part of its strategy to strengthen its presence in Latin America and simplify cross -border commercial operations. The announcement was made during the Stablecoin Conference LATAM 2025, which brought together more than 1,800 attendees and representatives of more than 800 companies around the world.
The novelty was presented by Bitso Business, the B2B division of the company specialized in providing infrastructure for local and international payments. With this expansion, The platform will offer companies from both countries financial solutions that expedite their operations and reduce costs.
In addition to its landing in Peru and Chile, Bitso introduced new products designed to enhance the use of stablecoins in the corporate field. Among them are FXAAS, a service that allows companies to provide their customers with currency operations, and Pay with Bitso, a tool that facilitates companies to accept cryptocurrency payments.
Imran Ahmad, general director of Bitso Business, said during the event that with this initiative they remain faithful to their mission of «transforming the way companies move money through borders, currencies and systems.»
«We have more than a decade of experience offering technological infrastructure and liquidity to facilitate local and cross -border payments in Argentina, Brazil, Colombia, Mexico, the United States and Europe, and now we are also pleased to add to Chile and Peru,» he said, making the news known.
The entry of Bitso in Peru and Chile is produced in a market in full expansion, where recognized platforms have already opened that have promoted the adoption of digital assets in the region.
In Peru, cryptocurrency exchanges such as Binance, Buddha, Coinbase, Cryptomarket and Bit2me offer support for Peruvian soles (PEN) and facilitate local transactions, while, in Chile, Buddha, Binance, Kraken, OKX and Cryptomarket are those that operate allowing change to Chilean weights (CLP).