Latin America's popular cryptocurrency exchange Bitso has announced that it has partnered with Stellar to expand its payment network, integrating Stellar's Anchor network.
In the statement made by Bitso, money transfers of businesses to Argentina, Colombia and Mexico will be made easier and cheaper with this integration.
Some data was also shared in the statement. Accordingly, while Bitso experienced a 32% increase in international money transfers in 2022, 3.3 billion dollars were transferred between Mexico and the USA.
There is a serious correlation between XLM and XRP. One of the altcoins that rose the most after Ripple's lawsuit victory was XLM.
Investors will also keep an eye on XLM if Ripple makes a move to reach $1.