V1 JULY 2026 · OPEN SUBMISSION

LATIN AMERICAN STABLECOIN OPERATORS, MAPPED BY THE COMMUNITY ITSELF

LATIN AMERICAN STABLECOIN OPERATORS, MAPPED BY THE COMMUNITY ITSELF

Until now, this category was managed by a small group of people. The Operator Map is different, open registration, case-based, and edited by founders operating in the region.

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A category map built from the reality of operators.

A category map built from the reality of operators.

Explore 14 categories that together are responsible for putting Latin America in the spotlight on the financial scene. This map is meant to be accessible, provided you are actually building it.

Stablecoin Operator Map — LATAM

Stablecoin Operator Map — LATAM

PUBLISHED BY LUMX

Exchanges & OTC

[ 10 ]

Bitso

Bitso

Ripio

Ripio

OrionX

OrionX

Coinbase

Coinbase

MEXC

MEXC

Binance

Binance

Mercado Bitcoin

Mercado Bitcoin

TruBit

TruBit

Brasil Bitcoin

Brasil Bitcoin

Foxbit

Foxbit

Wallet Infrastructure

[ 09 ]

Utila

Utila

Fireblocks

Fireblocks

BitGo

BitGo

Dfns

Dfns

Dynamic

Dynamic

Privy

Privy

Portal

Portal

Crossmint

Crossmint

Turnkey

Turnkey

Merchant Acceptance

[ 06 ]

KamiPay

KamiPay

Unergy

Unergy

Vaki

Vaki

Anzi

Anzi

Bando

Bando

Nuvei

Nuvei

Aggregation, Orchestration & On/Off Ramps

[ 36 ]

Bitso Business

Bitso Business

Sphere

Sphere

Borderless

Borderless

Lumx

Lumx

1Money

1Money

Walapay

Walapay

Bridge

Bridge

Mural Pay

Mural Pay

Buda

Buda

Alfred

Alfred

BVNK

BVNK

Wallbit

Wallbit

Blindpay

Blindpay

Avenia

Avenia

Fonbnk

Fonbnk

Trace Finance

Trace Finance

Transfero

Transfero

Conduit

Conduit

Zero Hash

Zero Hash

Moey

Moey

Due

Due

Manteca

Manteca

Puntored

Puntored

Capa

Capa

Arex

Arex

Checker

Checker

LI.FI

LI.FI

Koywe

Koywe

Cainvest

Cainvest

Stables

Stables

Bloquo

Bloquo

Cobre

Cobre

Unblock Pay

Unblock Pay

Caliza

Caliza

Zulu

Zulu

Vita Wallet

Vita Wallet

Chains

[ 08 ]

Polygon

Polygon

Stellar

Stellar

Tempo

Tempo

Ethereum

Ethereum

Base

Base

Solana

Solana

Tron

Tron

Arbitrum

Arbitrum

Liquidity Providers

[ 08 ]

BTG Pactual

BTG Pactual

Cainvest

Cainvest

OpenFX

OpenFX

Rio Trade

Rio Trade

Codex

Codex

Parfin

Parfin

Azify

Azify

BS2

BS2

Business NeoBanks

[ 20 ]

CryptoMate

CryptoMate

Fern

Fern

Vio

Vio

Plenti

Plenti

Kill B

Kill B

Shield

Shield

Nexos Global

Nexos Global

Conta Simples

Conta Simples

Logcomex

Logcomex

Vixtra

Vixtra

Clara

Clara

Jeeves

Jeeves

Eluter

Eluter

TransFi

TransFi

Kravata

Kravata

Mandioca

Mandioca

Zabio

Zabio

Ridian

Ridian

Oxus Finance

Oxus Finance

Vero Finance

Vero Finance

Consumer NeoBanks

[ 14 ]

ARQ

ARQ

Littio

Littio

Belo

Belo

Nubank

Nubank

Wenia

Wenia

Lemon

Lemon

Avenue

Avenue

KAST

KAST

Bleap

Bleap

RedotPay

RedotPay

Ruvo

Ruvo

Picnic

Picnic

Meru

Meru

Kontigo

Kontigo

Card Issuers

[ 05 ]

Rain

Rain

Kulipa

Kulipa

Pomelo

Pomelo

REAP

REAP

Gnosis Pay

Gnosis Pay

P2P Payments

[ 05 ]

El Dorado

El Dorado

Félix

Félix

Anclap

Anclap

Cinko

Cinko

AirTM

AirTM

Issuance

[ 15 ]

Juno

Juno

Tether

Tether

Minteo

Minteo

Moneda Digital

Moneda Digital

Braza Bank

Braza Bank

Banco Safra

Banco Safra

Circle

Circle

Etherfuse

Etherfuse

Ripple

Ripple

Mento

Mento

Paxos

Paxos

Crown

Crown

Nora Finance

Nora Finance

Twin Finance

Twin Finance

Mercado Pago (Meli Dólar)

Mercado Pago (Meli Dólar)

Associations / Ecosystem

[ 11 ]

CA Fintech

CU Fintech

Digital Assets Hub

ABRACAM

Colombia Fintech

LatamFintech

ABcripto

ALEPH

This Week in Fintech

Fintech México

ABToken

Payroll

[ 10 ]

Bitwage

Bitwage

Sigma

Sigma

Higlobe

Higlobe

Payoneer

Payoneer

Pally.gg

Pally.gg

Toku

Toku

Takenos

Takenos

TechFX

TechFX

Ontop

Ontop

Deel

Deel

Yield

[ 03 ]

OpenTrade

OpenTrade

Coinchange

Coinchange

Pods Finance

Pods Finance

Three things make this map different

Three things make this map different

Most existing maps of the Latin American stablecoin ecosystem are static snapshots: curated by a small group of contributors, scattered across different platforms, and difficult to keep track of over time. Information is fragmented, quickly becomes outdated, and rarely offers a clear, chronological view of how the ecosystem is evolving.

01

Open submission

Any Latin American stablecoin operator can apply. Public criteria, transparent review, no fees or exclusives. Community-driven.

02

Based on real cases

Companies not yet listed on the Operator Map can apply for review. As part of the process, we collect real stablecoin use cases, including payment corridors, challenges solved, and key lessons learned.

03

A community that strengthens itself

The Operator Map highlights Latin American stablecoin builders. Not a ranking. Operators connect, share, strengthen the category.

A map you can read, not just look at.

A map you can read, not just look at.

  • Bitso Business provides financial infrastructure for companies operating across borders, leveraging stablecoins to streamline international payments, foreign exchange settlement, and treasury operations. Its technology connects businesses to one of Latin America’s largest digital liquidity networks.

    Bitso Bussiness

    B2B Payments

  • Belo is a digital wallet that lets Latin American users hold and move local currencies, US dollars, and stablecoins within a single app. One of the first to issue a crypto Mastercard in the region, it combines payments, foreign exchange, and cross-border transfers on stablecoin rails to serve freelancers and users underserved by traditional banks.

    Belo

    Consumer NeoBanks

  • Crossmint provides all-in-one stablecoin infrastructure for enterprises, spanning embedded wallets, payments, on/off ramps, orchestration, and compliance through a single API. Built on open standards and supporting more than 50 chains, its platform powers stablecoin programs for institutions such as MoneyGram, Santander, and Visa.

    Crossmint

    Wallet Infrastructure

  • El Dorado is a peer-to-peer platform that expands access to digital dollars across Latin America through stablecoins. By connecting users with local liquidity providers, it enables faster, more affordable, and more accessible cross-border transactions.

    El Dorado

    P2P Payments

  • Bridge offers infrastructure that enables businesses to integrate stablecoins into their financial operations through a single API. Its platform simplifies cross-border payments, settlement, and fiat-to-stablecoin conversions, allowing companies to operate globally with greater efficiency.

    Bridge

    Aggregation, Orchestration & On/Off Ramps

  • Caliza delivers infrastructure for businesses seeking access to global digital-dollar accounts. Using stablecoins as a settlement layer, its platform enables instant international payments and borderless financial services for companies operating across multiple markets.

    Caliza

    Aggregation, Orchestration & On/Off Ramps

  • Arq (formerly DolarApp) is a stablecoin-based financial app that lets Latin American consumers hold digital dollars, exchange currencies, and transact through multi-currency accounts and debit cards. Serving over two million users, it pairs the stability of the dollar with everyday local spending to widen access to global finance.

    ARQ

    Consumer NeoBanks

  • Vero Finance provides cross-border payment infrastructure built for importers and exporters, using stablecoins to settle international invoices in minutes rather than days. Its platform combines instant settlement, transparent pricing, and automated FX hedging to protect trading companies from currency volatility across multiple payment corridors.

    Vero Finance

    Business Neobanks

  • Lumx provides stablecoin payment infrastructure that connects local banking systems to blockchain networks through a unified API. Its technology enables businesses to manage cross-border payments, treasury operations, and digital asset settlements with a seamless and scalable experience.

    Lumx

    Aggregation, Orchestration & On/Off Ramps

  • Rain is a stablecoin payments platform that powers card issuance for fintechs, exchanges, and enterprises through a single API. As a Visa principal member, it settles card transactions directly in stablecoins, enabling partners to launch consumer and corporate card programs across more than 150 jurisdictions.

    Rain

    Card Issuers

  • This Week in Fintech is one of the leading global platforms for fintech insights, market intelligence, and industry education. Through research, analysis, and content distribution, it helps drive awareness and understanding of emerging trends in digital payments, stablecoins, and financial infrastructure.

    This Week in Fintech

    Associations / Ecosystem

DETAILED CASES COMING SOON

Public criteria.
No surprises.

Public criteria.
No surprises.

Every editorial decision happens against the same four criteria. They're listed below. If a company meets them, it belongs on the map, regardless of whether it competes with Lumx or any other contributor.

I

Active LATAM operation

Office, team, or paying customers in at least one Latin American country.

II

Product live ≥ 6 months

No stealth, no closed alpha. Either publicly accessible product or visible enterprise customers using the stack.

III

Public proof of work

Share public signal reinforcing your work: press, articles, partnerships, launches, interviews, ecosystem mentions, integrations.

IV

Regulatory transparency

The company declares, upon application, that it is formally incorporated and faces no public proceedings for fraud or AML violations. Responsibility for the accuracy of this declaration lies with the declarant.

  • Latin America's stablecoin ecosystem, in one place. Built by the community

  • Latin America's stablecoin ecosystem, in one place. Built by the community

01.

Submit via form

Company info, operational data, draft case study, optional endorsements

02.

Auto-confirm within 24h

You'll know we received it. Two editorial curators are assigned to your submission.

03.

Editorial review (≤15 days)

Two curators cross-check your submission against the four public criteria.

04.

Decision + case publication

Approved companies join the map, which is continuously updated and can opt in to a dedicated, vetted case study page.

05.

We only notify applicants

We only notify companies that applied, letting them know when the map goes live and when their case is published.

A neutral board, edited by the community

The Editorial Board reviews submissions, applies the four public criteria, and signs off on category changes, never to pick winners or privilege any company on the map. Composition mixes operators currently running the rails with content creators and opinion-makers who track the LATAM market closely and don't necessarily belong to any company listed here. The community decides. This stage isn't a hurdle, it's how we back the stories being told and give due attention to the people building the category.

The Editorial Board reviews submissions, applies the four public criteria, and signs off on category changes, never to pick winners or privilege any company on the map. Composition mixes operators currently running the rails with content creators and opinion-makers who track the LATAM market closely and don't necessarily belong to any company listed here. The community decides. This stage isn't a hurdle, it's how we back the stories being told and give due attention to the people building the category.

CONFIRMED

CONFIRMED

Editorial Advisor

Chuk Okpalugo

Founder, Stealth

INVITED

CONFIRMED

Editorial Advisor

James Ross Vázquez

LATAM Director, Utila

INVITED

CONFIRMED

Editorial Advisor

Aaron Stanley

Managing Director, Promenade Advisory

INVITED

INVITED

INVITED

Editorial Advisor

Announcement

Coming soon

INVITED

If you operate stablecoins in LATAM, you belong on the map.

Submission takes ten minutes. Editorial review takes five days. Public criteria, no pay-to-play. Whether you compete with Lumx or partner with us, the standard is the same.

©2026. All rights reserved. Lumx SA.

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