Mexico
MXN ($)
Mexico has a growing crypto ecosystem with SPEI providing fast, reliable bank transfers. Etherfuse ramps to CETES stablebonds and Koywe ramps Mexican pesos to USDC on Stellar over SPEI.
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.
Commercial
- met: Locally denominated asset
- met: Local payment rails
- met: Competitive rates
- met: Deep liquidity
Developer
- met: Open self-service access
- met: Accurate docs
- met: High-fidelity sandbox
- met: Agent-buildable
- met: Fee discoverability
Koywe
Koywe is a Latin American crypto-finance infrastructure provider offering fiat on/off ramps between local currencies and stablecoins. It ramps Argentine pesos (ARS), Mexican pesos (MXN), and Colombian pesos (COP) to USDC on Stellar via local rails — CVU/QR in Argentina, SPEI in Mexico, and PSE in Colombia.
Commercial
- failed: Locally denominated asset
- met: Local payment rails
- partial: Competitive rates
- unverified: Deep liquidity
Developer
- partial: Open self-service access
- met: Accurate docs
- met: High-fidelity sandbox
- partial: Agent-buildable
- met: Fee discoverability
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.
Commercial
- failed: Locally denominated asset
- met: Local payment rails
- partial: Competitive rates
- partial: Deep liquidity
Developer
- met: Open self-service access
- unverified: Accurate docs
- failed: High-fidelity sandbox
- unverified: Agent-buildable
- unverified: Fee discoverability
BlindPay
Global payment infrastructure enabling worldwide money transfers using traditional fiat currencies and stablecoins.
Commercial
- failed: Locally denominated asset
- met: Local payment rails
- unverified: Competitive rates
- unverified: Deep liquidity
Developer
- met: Open self-service access
- unverified: Accurate docs
- partial: High-fidelity sandbox
- unverified: Agent-buildable
- unverified: Fee discoverability
Bitso
Under evaluationMajor LATAM exchange. Bitso Business supports USDC on Stellar (production) with SPEI/PIX/PSE rails; local stablecoins (MXNB, BRL1) are on EVM chains, not Stellar. A treasury/exchange API, the fund-holder (B2B2C) carrying money-transmission and KYC obligations.
Commercial
- failed: Locally denominated asset
- met: Local payment rails
- unverified: Competitive rates
- met: Deep liquidity
Developer
- partial: Open self-service access
- met: Accurate docs
- met: High-fidelity sandbox
- met: Agent-buildable
- met: Fee discoverability
We evaluate providers against two lenses — a commercial bar (real local value for end-users) and a developer bar (can you actually build on it):
Commercial
- Locally denominated asset (stablecoin or stablebond) on Stellar
- Support for local payment rails connected to Stellar
- Competitive rates (wholesale <25 bps conversion)
- Deep liquidity for low slippage (local ↔ global assets)
Developer
- Open self-service access (credentials + sandbox, no human in the loop)
- Accurate, well-documented API (docs match the wire)
- High-fidelity sandbox (a completed test ramp lands real on-chain testnet tokens)
- Agent-buildable (machine-readable docs/spec, diagnosable failures)
- Fee/rate discoverability (costs findable via pricing docs or a quote/fee API)
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