Mexico City, Mexico , May 29, 2025 (GLOBE NEWSWIRE) — With over $63 billion in inbound remittances, Mexico ranks second globally, while the United States leads the world in outbound remittance volume, exceeding $70 billion annually. This corridor is essential for millions of individuals and SMEs across the Americas, and XDC aims to modernize its financial infrastructure through blockchain.
“This partnership with Bitso Business marks a major leap toward our mission of bridging traditional finance with blockchain efficiency. Together, we’re delivering faster, fairer cross-border transfers that solve real-world challenges in global remittances and SME trade.”• Low-Cost Remittances – Cross-border transfers settle in seconds with minimal fees, powered by the XDC blockchain.
• Multi-Currency Support – Instant USD ⇄ MXN conversion through Bitso’s LATAM liquidity rails.
• Enterprise Integration – Ideal for SMEs, fintechs, and institutions paying suppliers or employees abroad.
• Standards-Driven – Built on ISO 20022-compliant messaging, enabling future-proof compatibility with banks and regulated entities.
• Real-World Use Case – Aligns with XDC’s mission to drive meaningful adoption in high-impact, emerging markets.The XDC Network is an enterprise-grade, EVM-compatible blockchain designed for tokenizing real-world assets (RWA), enabling trade finance digitization, and supporting ISO 20022-compatible cross-border settlement infrastructure. Built for institutional-grade scalability and compliance, it offers near-zero fees and fast finality.
XDC.Cash
(GlobeNewsWire)