Blockchain.com, KuCoin expand payment rails across emerging markets
Blockchain.com and KuCoin launched new payment services linking crypto with local financial systems in emerging markets. Blockchain.com introduced a Brazil-focused platform for institutional clients using USDC and USDT for cross-border treasury operations, supplier payments and payroll, aiming to cut costs and settlement times versus wires. KuCoin expanded its payment network into Mexico, Bangladesh and Zambia, integrating SPEI, bKash, Nagad, and MTN/Airtel mobile-money rails to move digital assets through widely used consumer payment channels. The moves reflect rising stablecoin use for cross-border commerce and settlement in Latin America and beyond, especially among financial institutions and businesses. Infrastructure investment is increasing, but regulation remains a constraint, including Brazil’s restrictions on certain crypto-based cross-border payment services.
