Mexico
MXN ($)
Mexico has a growing crypto ecosystem with SPEI providing fast, reliable bank transfers. Locally denominated assets on Stellar enable low-cost on- and off-ramps with competitive FX rates.
Payment Rails
SPEI
Sistema de Pagos Electrónicos Interbancarios - Mexico's real-time payment system
bank transferAbout the Local Asset
Unlike USD-intermediated flows that require multiple conversion steps, locally denominated assets on Stellar enable direct on- and off-ramps between MXN and the blockchain. This means fewer intermediaries, lower fees, and faster settlement.
Yield-bearing assets like stablebonds take this a step further by backing each token with local government treasury instruments, which generates yield that can be passed on as lower conversion costs — often below 25 basis points.
The result: cheaper, easier, and quicker access to on- and off-chain value for both developers building services and the end users they serve.
Available Anchors
Etherfuse
Etherfuse bridges traditional finance and decentralized finance, making financial systems more inclusive, transparent, and efficient for everyone.
Other Providers in This Region
These providers operate in Mexico but do not yet meet all of our quality criteria for a full integration.
Alfred Pay
Fiat on/off ramp services across Latin America, enabling conversion between local currencies and USDC on the Stellar network.
BlindPay
Global payment infrastructure enabling worldwide money transfers using traditional fiat currencies and stablecoins.
We evaluate anchor providers against five quality criteria:
- Locally denominated asset (stablecoin or stablebond) on Stellar
- Support for local payment rails connected to Stellar
- Competitive rates (wholesale <25 bps conversion)
- Well-documented open access for application developers
- Deep liquidity for low slippage (local <-> global assets)
Looking for something else?
A previous version of this starter pack, integrated more anchors and was less selective.
You can view the v1 version of this site at v1.regionalstarterpack.com and the source code on GitHub