Borderless Vision: Insights of the Month

This month, we dive into the rapid adoption of stablecoins in Latin America, exploring what it means for businesses operating in emerging markets. We also analyze new tax regulations in Colombia, the launch of Braza Bank's stablecoin, and Binance's latest push in stablecoin yield innovation. Plus, we discuss the future of open financial services and the latest cybersecurity trends impacting cross-border transactions. Stay ahead of the curve with insights that help you navigate the evolving landscape of global payments.

We hope you enjoy this issue!

Latin America leads the adoption of stablecoin payments

Factors such as the need for efficient cross-border payment solutions and protection against inflation have driven the remarkable rise in stablecoin usage in countries like Argentina, Brazil, and Mexico over the past year. In 2024, Argentina recorded $91 billion in cryptocurrency transactions, surpassing Brazil.

Implications for businesses in emerging markets:

• Efficient international payments: Stablecoins enable faster transactions with lower costs, facilitating trade and remittances.
• Protection against volatility: Pegged to stable assets, stablecoins help mitigate exchange rate risks in unstable economies.
• Access to new markets: Businesses can expand and operate in regions with limited access to traditional banking systems.
  
  

Cybersecurity in digital payments: Protecting B2B transactions in the blockchain era

The increasing digitalization of payments has expanded the attack surface for cybercriminals, making robust security measures more crucial than ever. In 2023, 39% of Mexican retailers reported experiencing some form of digital payment fraud.

Here are key security strategies for businesses handling digital payments:

• AI-driven fraud detection: Using artificial intelligence to identify and respond to threats in real-time.
• Zero Trust architecture: Continuously verifying the authenticity of users and devices.
• Education and training: Equipping employees and customers with knowledge on secure practices and fraud detection.
  Inter-institutional collaboration: Sharing threat intelligence and mitigation strategies between businesses and security organizations.

The Future of Financial Services is Open

The future of financial services is leaning toward openness, with a growing trend toward adopting open-source technologies and standards that promote innovation, transparency, and security in the sector.

At the State of Open Con 2025 in London, discussions highlighted the increasing adoption of open-source technologies across industries, including financial services. Avi Press, founder of Scarf, presented data showing that 62% of countries leverage open-source technologies in public sectors. Additionally, OpenUK reported that 100% of UK businesses under three years old rely on open-source software, underscoring its importance in modern business infrastructure.

The adoption of open standards and AI-driven open-source solutions presents innovative opportunities to enhance operational efficiency and regulatory compliance. The conference emphasized the need for clear regulatory frameworks and central bodies to guide the integration of these tools into critical sectors such as finance.

Learn more in: 

• The Future is Open: Financial Services Insight from the State of Open Con 2025
  
  
  

Braza Bank Launches a New Stablecoin in Brazil

The Braza Group, a Brazilian financial institution with over 15 years of experience, has launched BBRL, a stablecoin pegged to the Brazilian real and operating on Ripple’s XRP Ledger (XRPL). This initiative aims to provide faster and more efficient digital payments, with settlement times of under two minutes, unlocking new opportunities in Brazil’s $1.8 trillion economy. Institutional clients will gain access to BBRL starting in 2025, followed by a broader rollout to the general public through the Braza On app.

As part of its commitment to financial innovation, Braza Bank is also involved in DREX, the Central Bank of Brazil's digital currency project, further integrating blockchain with the traditional financial system. Institutional trust in these technologies continues to grow, solidifying Brazil's position as a leader in digital financial infrastructure adoption in Latin America.

Learn more in:

• Braza Group Announces Launch of BBRL Stablecoin on the XRP Ledger to Strengthen the Brazilian and South American Digital Economies
  
  

Binance Pushes Stablecoin Yield Innovation

Binance has launched the Simple Earn program, offering users the opportunity to earn competitive yields on stablecoins. Key highlights include:

• Up to 8% Annual Percentage Yield (APY) on FDUSD (First Digital USD).
• 7% APY on EURI (Eurite), with flexible subscriptions and withdrawals available anytime.

This initiative responds to the rising demand for stablecoin yield products among retail users, providing a competitive alternative to traditional savings accounts. By offering higher yields and real-time reward tracking, Binance is bridging the gap between conventional savings and income-generating opportunities in the crypto space, positioning itself as a key player in the evolving financial landscape.

Learn more in:

• Binance Earn Stablecoins Boost: Enjoy Up To 8% Bonus Tiered APR with FDUSD and EURI Flexible Products!
  

In 2024, stablecoins have proven to be a game-changer in global payments, offering greater efficiency, transparency, and lower costs compared to traditional financial systems.

📊 $8.4 billion – The total stablecoin transaction volume converted by Bitso Business last year, reinforcing its role in the global payments ecosystem.

💰 51.8% – More than half of Bitso Business transaction balances involve stablecoins, reflecting their increasing adoption in international trade and corporate remittances.

As the preference for stablecoins continues to grow, businesses worldwide are embracing them to streamline international payments, improve liquidity, and reduce settlement times.

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