Grupo Salinas to Use Anchorage Stablecoins for Coinpro Payments

Grupo Salinas announced a partnership with Anchorage Digital to integrate Anchorage’s stablecoin infrastructure into Coinpro, the conglomerate’s cryptocurrency exchange. The companies said the integration will be used for cross-border transfers and settlement to shorten settlement cycles and support payments and treasury operations.

Coinpro will adopt Anchorage’s Stablecoin Solutions for Banks. Anchorage describes the product as supporting international transfers with built-in compliance and reporting tools to help institutions meet regulatory requirements when moving tokenized dollars.

Nathan McCauley, co-founder and CEO of Anchorage Digital, called digital dollars “core infrastructure for finance” and added, “Grupo Salinas shares our conviction that digital dollars will power the next generation of cross-border finance, and we’re proud to partner in bringing that vision to life.” Carlos Díaz Alonso, CEO of the Commission-Based Business at Grupo Salinas, noted the alliance includes plans to “co-develop more efficient channels that benefit Grupo Elektra’s customers and users.”

Grupo Elektra operates Banco Azteca, a bank that serves low-income customers in Mexico. Grupo Salinas has not provided a timeline for any expansion of stablecoin services beyond Coinpro. Founder Ricardo Salinas Pliego has publicly backed bitcoin and has allocated about 70% of his personal portfolio to the cryptocurrency; he has criticized rules that he says prevent Mexican banks from offering bitcoin services.

Anchorage recently worked with Western Union to issue USDPT, its own stablecoin. The companies did not disclose transaction volumes or specific implementation dates for the Coinpro integration.