Lumx named one of the winners of Bitso’s global stablecoin acceleration program

The initiative aimed to identify and support projects building real-world solutions with stablecoins, and Lumx was chosen from hundreds of applications submitted from around the globe.

What is The Push?

Launched in 2024, The Push is Bitso’s acceleration program focused exclusively on stablecoins. The initiative is backed by partners such as Tribe and Flori Ventures, and its goal is to promote the strategic use of stablecoins beyond speculation, emphasizing use cases like payments, financial inclusion, on-chain treasury, and cross-border remittances.

According to Bitso, the program prioritized projects with operational products and the potential for significant impact in Latin America. Selection criteria included: regulatory clarity, integration with the real economy, and scalability.

Why this recognition matters

Latin America is one of the world’s most active regions for stablecoin usage. According to the latest Chainalysis report, over 70% of crypto volume in the region is tied to stablecoins, particularly for remittances, inflation hedging, and cross-border payments.

In this context, Lumx’s selection as a winner validates our vision and focus: building stablecoin infrastructure for real-world use, delivering solutions that connect the traditional financial system to blockchains in a secure, simple, and scalable way.

What is Lumx building?

Lumx provides modular infrastructure for companies looking to integrate stablecoins into their financial operations with security, speed, and scale. Through simple and robust APIs, companies can:

• Create multi-currency digital accounts, with unique addresses and automatic reconciliation

• Make instant cross-border payments, converting between local currencies like BRL, MXN, and COP and stablecoins (and vice versa)

• Orchestrate payment flows, moving funds between bank accounts, wallets, and clients with automation and lower costs

• Configure wallets with different custody models, including MPC/HSM, semi-custodial with passkeys, and integrations with institutional partners

• Enable on-ramps, off-ramps, and swaps, integrating local payment methods (like Pix) and gaining direct access to institutional liquidity for USDC and USDT

• Operate with high stability and security, with audited infrastructure, 99.9% uptime, and support for BRL, USD, EUR, and other currencies

In addition, Lumx remains invisible to the end user, allowing financial institutions, PSPs, and fintechs to deliver seamless user experiences while blockchain infrastructure operates in the background.

What’s next?

Over the coming months, Lumx will take part in mentorship sessions, networking opportunities, and strategic partnerships with Bitso’s team and partners. Our goal is to strengthen our presence across key financial corridors in Latin America and continue promoting stablecoins as a core pillar of innovation for companies and institutions.

We’re excited for what’s ahead and more confident than ever that stablecoins are not just the future, they are already the present of digital financial infrastructure.

To learn more about The Push program and the other selected startups, visit:

🔗 Portal do Bitcoin
🔗 BeInCrypto Brazil