Circle Internet Financial is collaborating with Bitso, the largest cryptocurrency exchange platform in Latin America, to facilitate more efficient and secure cross-border blockchain payments between Mexico and the U.S., utilizing Circle's APIs and USDC stablecoin. This partnership aims to address inefficiencies in global remittances, such as high fees and slow delivery, which are crucial for economic prosperity. By launching Bitso Shift, the initiative seeks to simplify the process for Mexican residents to send and receive payments, thereby enhancing commercial opportunities and economic growth. This effort is particularly significant given the size of the U.S.-Mexico remittance corridor, which saw a notable increase in activity during the COVID-19 pandemic. The integration with Circle's infrastructure allows for rapid and low-cost exchanges between Mexican Pesos and stablecoins, offering a regulated and affordable financial solution that supports Mexican freelancers and businesses in the digital economy.