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Stablecoin Firms $112B Opportunity LATAM Remittance Market

Cointelegraph
Bybit executive Claudia Wang suggests firms should target the $112 billion non-US-to-Mexico Latin American remittance market to drive growth and better serve regional needs.

Summary

Bybit CMO Claudia Wang argues that fintech and stablecoin companies are over-indexing on the saturated $61.8 billion US-Mexico corridor, ignoring a $112 billion opportunity elsewhere in Latin America. Wang highlights emerging corridors like US-to-Central America and intra-regional paths such as Venezuela-to-Colombia as key growth areas. She emphasizes that companies must move away from a one-size-fits-all approach, instead developing country-specific infrastructures that address the unique needs of older, non-tech-savvy users who prioritize stablecoin holding over mere transaction processing.

(Source:Cointelegraph)