Mexico City, Mexico, May 30, 2025 — The XDC Network, a leading blockchain platform for real-world finance, has announced a strategic alliance with Bitso Business, the B2B division of Bitso. This collaboration aims to facilitate cost-effective and rapid payments between the U.S. and Mexico, a major global remittance route, by providing infrastructure for efficient and transparent cross-border payments.

Mexico is the second-largest recipient of remittances worldwide, receiving over $63 billion. The United States is the top sender, with outbound remittances exceeding $70 billion annually. Recognizing the importance of this corridor for individuals and SMEs in the Americas, XDC seeks to modernize its financial infrastructure using blockchain technology.

This partnership creates a blockchain-based payment system leveraging the XDC Network’s ISO 20022-compatible and highly efficient infrastructure, combined with Bitso Business’s reliable fiat on/off ramps across Latin America. This enables businesses and individuals to transfer value more quickly, securely, and at a significantly lower cost compared to traditional methods.

Amitava Mandal, Ecosystem Development at XDC Network, stated:
“Our collaboration with Bitso Business signifies a significant advancement in our goal of integrating traditional finance with blockchain efficiency. Together, we are providing faster, more equitable cross-border transfers that address real-world challenges in global remittances and SME trade.”

Key Benefits of the Partnership:
• Low-Cost Remittances – Transactions are completed within seconds using the XDC blockchain, incurring minimal fees.
• Multi-Currency Support – Instant conversion between USD and MXN is facilitated through Bitso’s LATAM liquidity rails.
• Enterprise Integration – Suitable for SMEs, fintech companies, and institutions making international payments to suppliers or employees.
• Standards-Driven – Built on ISO 20022-compliant messaging, ensuring future compatibility with banks and regulated entities.
• Real-World Use Case – Supports XDC’s objective of promoting practical adoption in impactful, emerging markets.

Bitso’s decade-long experience, enterprise-level APIs, and regulatory access throughout Latin America add a robust layer of regional interoperability to the XDC ecosystem. This, combined with XDC’s hybrid blockchain and commitment to financial inclusion, establishes a new standard for tokenized value transfer in real-world finance.

About XDC Network
The XDC Network is an enterprise-grade, EVM-compatible blockchain designed for tokenizing real-world assets (RWA), enabling trade finance digitization, and supporting ISO 20022-compatible cross-border settlement infrastructure. Built for institutional-grade scalability and compliance, it offers near-zero fees and fast finality.
enables global crypto-to-fiat payments across 100+ countries.

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Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Amitava Mandal

CONTACT: mitava Mandal

partnerships at xdc.org

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