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Bitso, a top crypto platform in Latin America that reports over 3.3 million users, has launched “Bitso Shift,” a service that allows Mexican people and companies to send and receive payments between Mexico and the United States.
Bitso Shift is an electronic wallet where users can deposit funds in both Mexican pesos (MXN) and in dollars (USD), and make withdrawals in Mexico through SPEI, and in the United States through domestic transfers. This payments service is made possible due to the alliance between Bitso and Circle, thanks to which users can receive payments from the United States and transfer dollars to their bank accounts using USDC – a dollar-based stablecoin. Bitso Shift users can also deposit Mexican pesos and convert them into USDC, or vice versa, using the best price available in the market, which represents a very important value reserve alternative.
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