Stablecoin firms have a $112B opportunity in LATAM remittance outside of US-Mexico: Bybit
The US-to-Mexico remittance corridor, while still the largest, shrank 4.5% in 2025 as other Latin American corridors grew.
Fintech and stablecoin firms should consider looking outside of the US-to-Mexico corridor to win the $174 billion Latin America remittance market, according to a Bybit executive.
Most firms have focused too narrowly on the $61.8 billion US-Mexico remittance market and are missing faster-growing corridors between the US and Central America, as well as remittances within Latin America, Bybit Chief Marketing Officer Claudia Wang said in a post on X on Sunday.
“The corridors that look ‘hot’ right now are not the corridors most fintechs are optimized for,” she said, citing Venezuela-to-Colombia, Argentina-to-Bolivia and Spain-to-Ecuador as examples. The non-US-to-Mexico remittance market stands at about $112 billion.