Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative

Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
Bitso is integrating Circle’s payment solutions to make it easier and more secure for Mexican residents and businesses to execute cross-border payments to and from the U.S., the company announced Thursday.Circle will provide the infrastructure to enable these payments as part of the exchange’s Bitso Shift initiative, which is designed to improve upon cross-border payment services currently available. Bitso Shift will enable companies and individuals who offer their products and services in the U.S. to make and receive payments in cryptocurrency.The U.S. is Mexico’s leading trade partner, according to the World Bank. In 2020, Mexico received $40 billion in remittances…