{"id":29688,"date":"2020-10-06T14:48:01","date_gmt":"2020-10-06T11:48:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29688"},"modified":"2025-08-27T18:24:53","modified_gmt":"2025-08-27T15:24:53","slug":"mexico-leads-latin-america-in-retail-crypto-payments-volume","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mexico-leads-latin-america-in-retail-crypto-payments-volume\/","title":{"rendered":"Mexico leads Latin America in retail crypto payments volume"},"content":{"rendered":"

Mexico accounts for almost 11% of all retail transactions in Latin America. This is reported by El Economista, citing Chainalysis representative Daniel Cartolin.<\/p>\n

Latin America’s share of the world cryptocurrency economy stands at 7%, according to Chainalysis<\/a>. In the last year the region received $24 million and sent $25 million in digital assets to other continents. The greatest activity is observed in the remittance sector, where Mexico leads.<\/p>\n

Cartolin says remittance flows between the two countries have long been substantial. Cryptocurrency helps reduce transaction costs and simplify the process of transferring and receiving funds.<\/p>\n

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‘People don’t need to visit sites like Western Union or Moneygram to conduct a transaction. It can be done on a phone,’ the expert noted.<\/p>\n<\/blockquote>\n

Earlier, analysts named<\/a> Mexico as one of the most promising countries for cryptocurrencies. In terms of attractiveness to related digital-asset companies and residents’ loyalty to such assets, it trails only India and Indonesia.<\/p>\n

Subscribe to ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Mexico accounts for almost 11% of all retail transactions in Latin America. This is reported by El Economista, citing Chainalysis representative Daniel Cartolin.<\/p>\n","protected":false},"author":1,"featured_media":29689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[909,1819],"class_list":["post-29688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-latin-america","tag-mexico"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29688"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29688\/revisions"}],"predecessor-version":[{"id":29690,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29688\/revisions\/29690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29689"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}