XDC Network Partners with Bitso Business to Power Cross-Border Payments from the U.S. to Mexico

The XDC Network, a blockchain platform specializing in real-world finance, has forged a strategic alliance with Bitso Business. This partnership aims to revolutionize cross-border payments between the U.S. and Mexico—one of the largest remittance corridors globally—by leveraging blockchain technology for near-instant, low-cost transactions.

With Mexico receiving over $63 billion in inbound remittances and the U.S. leading outbound remittance volume at $70 billion annually, this corridor is critical for individuals and SMEs. The collaboration combines XDC Network’s ISO 20022-compatible infrastructure with Bitso Business’s fiat on/off ramps across Latin America, offering a faster, more secure alternative to traditional payment channels.

"This marks a major leap toward bridging traditional finance with blockchain efficiency," said Amitava Mandal of XDC Network. The initiative addresses longstanding challenges in global remittances and SME trade, delivering tangible benefits through decentralized technology.