Bitso's annualized payment volume surpasses $150 billion... up 83% in one year

Bitso Business, the enterprise-facing arm of crypto exchange Bitso, said its annualized total payment volume surpassed $150 billion, up 83% from $82 billion a year earlier. The company said more than $410 million in flows now pass through its infrastructure daily, a figure that annualizes to roughly the headline number. The metric reflects run-rate throughput rather than settled volume, so it is not the amount actually cleared over a full year. The milestone signals growing institutional use of stablecoin-based cross-border rails, particularly in Latin America. Watch whether Bitso discloses the share of volume tied to stablecoins versus other assets and whether the growth rate holds as more banks and payment firms enter the corridor.