Bitso has announced that it will integrate Circle’s payment systems to make money transfers between Mexico and the United States easier and more secure for Mexican people and member businesses.
The new payment tool, called Bitso Shift, will allow Bitso users to quickly exchange between Mexican pesos and US dollar (USD) backed stablecoins.
According to the World Bank, the United States is one of Mexico’s leading trading partners. According to the Central Bank of Mexico, Mexico will outstrip the United States in 2020. 40 billion dollars value has been transferred.
Bitso, a major crypto-asset trading platform, is also El Salvador’s chivo It is known as the service provider of the official Bitcoin (BTC) wallet named . The daily trading volume of the platform is approximately 24 million dollars.