BitsBitso Business, the B2B arm of Latin America’s largest digital financial services company, used its appearance at Stablecoin Conference 2026 — billed as the region’s biggest stablecoin and digital payments gathering — to stake out a new framing for where finance is headed: an era it’s calling “Hybrid Finance,” where traditional banks and blockchain-native firms increasingly run on the same rails rather than competing systems.
The Numbers Behind the Pitch
Alongside the announcement, Bitso released the second edition of its Stablecoin Landscape in Latin America report. The headline figures:
Stablecoin payment volumes processed by Bitso Business grew 81% year-over-year in the first half of 2026.
Over 60% of new institutional clients onboarded this year were banks and financial institutions — outpacing both crypto-native firms and traditional enterprises as a source of new business.
Stablecoins have overtaken Bitcoin as the largest category of digital asset purchases in the region, according to Bitso’s market data — a first.
Bitso frames this as evidence of a structural shift: blockchain infrastructure moving from a niche alternative payment rail to a standard piece of how financial institutions actually operate.
The Quotes
Bitso CEO and co-founder Daniel Vogel described the shift as the dissolution of the old divide between traditional finance and digital assets, characterizing the current moment as companies and institutions building integrated solutions rather than picking a side. He pointed to the rising involvement of major financial institutions as validation of that thesis.
Expanding the Map: A New Asia-Latin America Corridor
Bitso Business also announced it’s extending its payment infrastructure into Asia, creating new regulated corridors connecting Asian and Latin American markets. The company attributes the move to growing demand from institutions and enterprises wanting faster, more efficient cross-border settlement — combining local payment rails, FX capabilities, and on-chain liquidity into a single platform for businesses operating across both regions.
Bitso COO and Bitso Business General Manager Imran Ahmad framed compliance as the foundation making this expansion possible, pointing to a decade of work alongside regulators as the basis for the company’s ability to bridge liquidity movement between the two regions securely.
Also Announced: The Push 2026 Accelerator Cohort
Rounding out the announcements, Bitso revealed its latest cohort for The Push 2026, its global accelerator for stablecoin and digital asset infrastructure startups. The selected companies span tokenized sovereign debt, institutional digital asset connectivity, stablecoin payment networks, and cross-border settlement — a snapshot of where Bitso sees real-world stablecoin use cases expanding next.
The Bigger Narrative
Bitso’s broader argument is that stablecoins are outgrowing their original reputation as a trading-adjacent tool. Increasingly, they’re being used for treasury management, FX operations, remittances, and international settlement — functions that sit squarely inside traditional corporate finance, not crypto speculation.
Bitnxt's Take
Strip away the press-release polish and there’s a genuinely interesting data point buried in here: stablecoins overtaking Bitcoin as the top digital-asset purchase category in Latin America is a real signal about how the region is actually using crypto rails — for payments and settlement, not speculation. That’s consistent with what we’d expect in markets with currency volatility and friction in cross-border payments, where a dollar-pegged token solves a real problem rather than serving as a trading vehicle.
That said, this is a company telling its own growth story at its own conference, so the 81% volume growth and “60% of new clients are banks” figures should be read as Bitso’s self-reported numbers, not independently verified market data. Worth watching for confirmation from neutral industry sources before treating “Hybrid Finance” as an established trend rather than one company’s branding for it.
This article is for informational purposes only and does not constitute financial advice. Based on a press release issued by Bitso via CoinDesk's press release wire; not independent CoinDesk journalism.
