Stablecoins Cut US-Mexico Remittance Costs Below 1% as Bitso Processes $6.5B in USDT and USDC Flows

Stablecoin-based transfers have reduced US-Mexico remittance fees to below 1%, compared with 5-7% on traditional rails, Mizuho research shows. Bitso processes $6.5 billion in annual flows using USDT and USDC, representing 10% of the $63 billion US-Mexico remittance corridor. Mizuho also highlights Félix Pago's use of USDC integrated with WhatsApp to enable instant SPEI payouts in Mexico.