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About Bitso
Bitso released the "2025 Latin America Crypto Landscape Report," showing that stablecoins account for nearly 40% of cryptocurrency purchases in the region, with USDC surpassing BTC in purchase share, highlighting the practical value of stablecoins in Latin America. Bitso officially entered the Chilean and Peruvian markets, expanding its business footprint in Latin America and consolidating its regional leadership. Additionally, Bitso partnered with Coincover to provide security for digital assets, enhancing user trust and platform reliability.
In H1 2026, Bitso published its Crypto Landscape in Latin America 2025 report: stablecoins (USDC/USDT) accounted for 40% of crypto purchases in Latin America in 2025, surpassing Bitcoin for the first time (18%); Bitcoin still represents 52% of user portfolios, showing long-term allocation alongside dollar exposure. Bitso positions stablecoins as financial infrastructure for savings, payments, and cross-border transfers.
Bitso Business saw stablecoin payment volumes grow 81% YoY in H1 2026, with over 60% of new institutional clients being banks and financial institutions. It unveiled its “Hybrid Finance” vision, where traditional finance and blockchain share infrastructure. It also expanded payment infrastructure into Asia, establishing regulated corridors between Asia and Latin America, and launched a Colombia API integrating local bank rails, stablecoins, and FX for real-time payments.
As of 2026, Bitso has over 10 million users in Latin America and processes about 10% of US-Mexico remittances via Bitso Business; in 2025 it processed $2.2 billion in transfers and $11.1 billion in stablecoin purchases. Going forward, Bitso will focus on making stablecoins a regional financial foundation, deepening institutional compliance and cross-border settlement, and connecting Asian and Latin American markets.
Daniel Vogel (Co-founder & CEO): Ex-Bitso CEO, previously at Quantcast as Product Manager. Holds B.S. in Computer Systems Engineering and B.A. in Economics from Stanford University, and an MBA from Harvard Business School.
Pablo Gonzalez (Co-founder): Former Chief Design Officer at Bitso, previously Director at Goldtooth Creative. Studied at The University of Manchester (Master of Advanced Computer Science).
Ben Peters (Co-founder & CTO): Former CTO at Bitso, previously Motion Designer at Artifex Studios. Studied at The University of Manchester (Master of Advanced Computer Science).
Krishna Juvvadi (Chief Legal Officer): No detailed public bio available from provided sources.