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Bitso Taps Ripple, $XRP, and $RLUSD to Supercharge Cross-Border Payments in Latin America
Bitso is expanding its global footprint by accelerating cross-border payments in Latin America using Ripple Payments, $XRP, and $RLUSD, positioning itself at the forefront of faster, lower-cost, and more transparent international transactions for businesses.
Well, cross-border payments in Latin America have historically been plagued by high fees, slow settlement, and poor transparency, largely due to reliance on multiple intermediary banks that add delays and unpredictable costs.
Gabriele Zuliani, Bitso’s Head of Growth, welcomed the move saying:
“$RLUSD and Ripple Payments let us reinvent how money moves globally: faster, at lower cost, and with far greater transparency. As demand grows in the U.S., we’re ready to serve that demand and become the rail and payout partner for LATAM.”
Bitso Business is tackling these issues by integrating Ripple’s blockchain-powered payments infrastructure and digital assets into its B2B flows, enabling faster, more transparent, and cost-efficient transactions.
By leveraging Ripple Payments with $XRP as a bridge asset, Bitso can settle cross-border transactions on blockchain rails in near real time.
Rather than parking capital in pre-funded foreign accounts, funds can be moved and converted on demand, lowering capital needs, boosting liquidity efficiency, and shrinking settlement times from days to minutes.
Meanwhile, Ripple has effectively removed the final barrier for banks on the $XRP Ledger (XRPL), a development many view as bullish and capable of unlocking billions in potential institutional flows.
How Bitso and $RLUSD Are Transforming Remittances and Business Payments in Latin America
$RLUSD sits at the center of this strategy, a regulated, dollar-backed stablecoin built to deliver transparent, dependable liquidity.
By leveraging $RLUSD, Bitso can enable stable digital-dollar settlements that avoid the sharp price swings common in many crypto assets. This is especially valuable in Latin America, where local currency volatility often increases the cost and risk of cross-border payments.
Binance recently listed Ripple’s dollar-backed stablecoin $RLUSD, a milestone that boosts Ripple’s global reach and cements its position in the stablecoin market.
$RLUSD-based settlement streamlines two key regional needs: remittances and payments in volatile local currencies. It enables faster, lower-cost cross-border transfers so recipients keep more of what’s sent, while giving businesses multi-currency predictability and simpler reconciliation through stable, on-chain settlement.
Interestingly, Bitso has transformed from a crypto exchange into a full-scale B2B money movement platform, now powering high-demand payment corridors between the U.S. and Latin America, one of the world’s busiest remittance and trade routes.
With clearer stablecoin regulations and rising institutional appetite for compliant digital dollars, Bitso is strategically positioned to distribute and enable payouts for $RLUSD across the region.
By leveraging Ripple Payments, $XRP, and $RLUSD, Bitso offers a modern cross-border stack that delivers faster settlement, lower costs, and greater reliability, giving Latin American businesses a stronger edge in a global, digital-first economy.
Conclusion
Bitso is transforming cross-border finance in Latin America through Ripple Payments, $XRP, and $RLUSD, offering businesses near-instant, low-cost, and transparent transactions.
With $RLUSD providing stable, regulated dollar liquidity, Bitso is set to lead the next wave of compliant, blockchain-powered international payments, making global transactions faster, simpler, and more reliable than ever.
coindesk.com
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cryptopolitan.com