Latin America's Stablecoin Volume Surges 89% to $324B in 2025

According to OpenTrade's report "The Stablecoin Surge: Unlocking Growth Across Latin America," the region processed $324 billion in stablecoin transactions in 2025, up 89% year-on-year, representing the largest component of $730 billion in total on-chain crypto value received across LatAm.

Country-level data reveals stablecoins now account for over 90% of all on-chain crypto flows in Brazil and over 60% in Argentina; Bolivia saw crypto transaction value surge 530% between 2024 and 2025 amid currency stress. Globally, B2B stablecoin payment volumes have grown 30-fold in two years—from under $100 million monthly in early 2023 to over $3 billion by mid-2025, with Latin America positioned at the leading edge. Bitso alone processes approximately $6.5 billion in US-Mexico stablecoin flows annually, roughly 10% of the corridor.