The XDC network, a leading blockchain platform for real world finance, is proud to announce a strategic partnership with Bitso Business – The B2B arm of bitso which provides infrastructure for effective and transparent cross -border payments – to allow low -cost and almost instant payments of the United States in Mexico, one of the largest payment corridors in the world.
With more than $ 63 billion in incoming funds, Mexico ranks second in the world, while the United States leads the world in outgoing payment volume, exceeding $ 70 billion per year. This corridor is essential for millions of individuals and SMEs through the Americas, and XDC aims to modernize its financial infrastructure via the blockchain.
This collaboration establishes a blockchain-based payment rail by taking advantage of the compatible and ultra-effective ultra-effective infrastructure of the XDC network and Robust Fiat ramps on / out of ramps through latam-helping businesses and individuals to move the value faster, more safe and a fraction of the cost of traditional channels.
Amitava Mandal, development of the ecosystem at XDC Network, commented:
“This partnership with Bitso Business marks a major jump to our mission to fill traditional finances with the efficiency of blockchain. Together, we provide faster and more equitable cross -border transfers that resolve real world challenges in sending global funds and SME trade.”
Key advantages of the partnership::
• low -cost returns – cross -border transfers are deposited in a few seconds with a minimum of costs, fueled by the XDC blockchain.
• Multi -money support – USD instant conversion ⇄ MXN via Bitso Latam liquidity rails.
• Company integration – Ideal for SMEs, Fintechs and paid institutions for suppliers or employees abroad.
• focused on standards – Built on messaging in accordance with ISO 20022, allowing compatibility to the test of future with banks and regulated entities.
• Case of real world use – aligns with XDC’s mission to stimulate significant adoption on emerging high impact markets.
With more than a decade of experience, the API suite of Bitso business quality and regulatory access across Latin America brings a powerful layer of regional interoperability to the XDC ecosystem. Combined with the hybrid blockchain of XDC and the commitment to financial inclusion, this partnership establishes a new reference for the transfer of tokenized value to real finance.
About the XDC network
The XDC network is a quality EVM compatible blockchain in business in business designed for active world assets (RWA), allowing the digitization of commercial financing and supporting the ISO 20022 compatible cross -border settlement infrastructure. Built for the scalability and compliance of institutional quality, it offers costs close to zero and rapid purpose.
Xdc.cash Allows global crypto-fine payments in more than 100 countries.
Visit: www.xdc.org | www.xinfin.org | www.xdc.cash
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