In a strategic move to overhaul U.S.-Mexico remittance flows, XDC Network has joined forces with Bitso Business to deploy a blockchain-based payment framework designed for rapid, low-cost, and secure cross-border transactions. Tapping into the $63 billion inbound remittance market in Mexico and the $70 billion outbound volume from the U.S., the alliance utilizes XDC’s ISO 20022-ready blockchain infrastructure and Bitso’s fiat liquidity access throughout Latin America. According to XDC’s Amitava Mandal, the venture represents “a major leap” in bringing blockchain utility to mainstream finance. The system supports multi-currency exchanges (USD-MXN), settles transactions in seconds, and seamlessly integrates with SMEs and fintechs. The partnership emphasizes financial inclusion, interoperability, and real-world impact by supporting tokenized transfers and enterprise integration across Latin America.

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