Bitso Launches B2B Crypto Services in Chile and Peru

Bitso Business, the B2B division of cryptocurrency platform Bitso, announced its expansion into Chile and Peru and unveiled two new products during the Stablecoin Conference LatAm 2025.

The event, organized by Bitso Business, brought together more than 1,800 participants from 43 countries, including founders, executives, and directors from over 800 companies.

The company stated that its entry into Chile and Peru aims to support businesses in managing cross-border transactions across Latin America. Bitso currently operates in Argentina, Brazil, Colombia, Mexico, the United States, and Europe.

Bitso also launched Foreign Exchange as a Service (FXaaS), a solution that enables institutional clients to integrate foreign exchange services directly into their platforms. FXaaS offers competitive pricing, real-time US dollar availability, multiple Latin American currency pairs, and instant withdrawals. It is targeted at financial institutions, payment providers, and fintech companies.

The second product, Pay with Bitso, allows merchants to accept cryptocurrency payments from Bitso users and receive instant settlements in both fiat and cryptocurrencies. The service is designed to bridge digital assets with traditional payments while mitigating volatility risk and ensuring compliance. The initial rollout will enable Bitso’s more than 9 million users to pay with cryptocurrencies and stablecoins online and at select physical locations.

According to Bitso Business, stablecoins accounted for more than double their previous share of total transactions in Latin America during the first half of 2025, based on an analysis of over 1,300 clients. Businesses in the region are increasingly adopting stablecoins to address challenges such as inflation, treasury management, and high-cost cross-border payments.

Imran Ahmad, General Manager, Bitso Business, stated that the expansion and new services align with the company’s mission to improve cross-border money movement. “Stablecoins represent both a technological shift and an opportunity for businesses to operate in Latin American markets with speed and transparency,” Ahmad said.

Bitso also confirmed that the next edition of the Stablecoin Conference LatAm will take place in Mexico City in June 2026.