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TheBlock 2020-01-17 21:57:52

Using XRP, Bitso captured a slice of the U.S.-Mexico remittance market in 2019. It’s eyeing much more in 2020

Quick TakeIn 2019, cryptocurrency exchange Bitso processed 2.34% of the $686 million in weekly remittances from U.S. to Mexico with XRPBitso said it has been experiencing notable growth recently since it partnered with RippleIn 2018 and 2019, remittances from the U.S. contributed the highest foreign currency inflows to Mexico, more than foreign investments and tourism.

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