Anchorage Digital Bank Expands Bitso Deal to Become Custody Backbone of US-Mexico Stablecoin Remittances

Anchorage Digital Bank is deepening its role in cross-border crypto payments through an expanded agreement with Bitso, one of Latin America’s largest cryptocurrency exchanges. The deal positions Anchorage’s federally chartered custody services beneath both the U.S. and Mexican legs of a growing stablecoin remittance corridor that connects the two countries. For readers tracking digital finance, this development signals how regulated U.S. banks are moving from the periphery to the core of blockchain-based money movement. The partnership matters because remittances from the U.S. to Mexico exceed $60 billion annually, and stablecoins—cryptocurrencies pegged to fiat currencies like the U.S. dollar—offer a faster, cheaper alternative to traditional wire transfers. By providing custody on both sides of the border, Anchorage helps ensure that the digital assets backing these transactions are held securely and in compliance with U.S. banking regulations. Bitso, which processes a significant share of crypto remittances in the region, gains a trusted institutional partner to scale its operations. Anchorage, the first federally chartered digital asset bank in the United States, brings a level of regulatory clarity that has been missing from many cross-border crypto projects. Its involvement could encourage other financial institutions to explore stablecoin settlement networks, potentially reducing friction in one of the world’s busiest remittance corridors. The expanded deal also underscores how crypto-native firms and traditional banking infrastructure are converging. As stablecoin adoption grows, the infrastructure behind it will determine whether these corridors can handle mainstream volumes. Anchorage’s move suggests the race to build that infrastructure is accelerating—and the U.S.-Mexico corridor is a key testing ground.