71% of LatAm Institutions Use Stablecoins for Payments

The Digital Chamber published a report on June 19, 2026, finding that 71% of Latin American institutions use stablecoins for cross-border payments, the highest regional adoption rate worldwide.

The report shows stablecoin transaction volume in Latin America reached $324 billion in 2025, an 89% year-over-year increase from 2024.

The chamber attributed much of the growth to recent regulatory changes in several countries, including Brazil’s Virtual Assets Law, Bolivia’s repeal of its long-standing crypto ban and Argentina’s new exchange registration rules.

Institutional activity was a major factor. The chamber reported business-to-business stablecoin volumes expanded roughly 30 times over the past two years. In Brazil, stablecoins accounted for about 90% of crypto flows; in Argentina, they made up roughly 60%.

Research from Mizuho cited in the report found that using stablecoin rails can reduce cross-border fees to below 1%, compared with typical intermediary costs of 5% to 7%. Based on that fee differential, the report calculated potential savings of about $8.9 billion if the $142 billion sent from the United States to Latin America in 2025 had moved on stablecoin networks.

The report listed common uses for stablecoins, including acting as dollar proxies to limit exposure to local currency swings, speeding remittances, and supporting corporate treasury operations, supplier payments and interbank settlements.

The chamber stated in a release: “71% of Latin American institutions have already begun using stablecoins for cross-border payments, the highest regional adoption rate globally.”

The Digital Chamber also said incoming regulations that integrate crypto into traditional financial services are likely to encourage further institutional use of stablecoins.