Bitso, one of Latin America’s largest digital financial services platforms, has announced the integration of Tether (USDT) on the Solana blockchain, marking a significant expansion of its stablecoin offerings. The move is designed to deliver faster and more affordable transactions while enabling users to access Solana’s rapidly growing decentralized finance (DeFi) ecosystem.
With this update, Bitso users are now able to send and receive USDT on Solana almost instantly, benefiting from lower transaction costs compared to other networks. The integration also provides users with access to Solana’s extensive suite of decentralized applications, allowing them to participate in lending, trading, and yield optimization protocols within a high-speed blockchain environment.
Driving Accessibility and Efficiency in Digital Finance
Bitso indicated that the addition of USDT on Solana supports its broader mission to make digital transactions more accessible, efficient, and cost-effective for users across Latin America. The company suggested that stablecoins are transforming how individuals use cryptocurrencies — not only as investment tools but also for practical purposes such as payments, savings, and hedging against inflation.
According to Bitso’s Crypto Landscape Report for the first half of the year, stablecoins represented the most purchased category of crypto assets among its Latin American user base, accounting for 46% of all regional transactions. Among them, USDT emerged as the dominant choice, comprising 23% of total purchases. This data reflects growing demand for digital assets tied to the U.S. dollar, particularly in regions experiencing economic volatility and currency depreciation.
Leveraging Solana’s High-Speed Network
Solana has established itself as one of the world’s fastest and most cost-efficient blockchains, making it an attractive platform for stablecoin adoption. The network’s ability to process thousands of transactions per second while maintaining minimal fees offers an ideal infrastructure for powering payments, remittances, and DeFi activities.
Bitso’s decision to integrate USDT on Solana is expected to enhance user experience by combining the stability of Tether with Solana’s scalability and speed. This partnership opens new pathways for users to interact with a range of DeFi protocols on Solana, including Jupiter, Raydium, and Orca for decentralized trading; Solend and MarginFi for lending and borrowing; and Jito and Kamino for staking and yield optimization strategies.
Simplified Onboarding and Broader Financial Inclusion
Bitso has streamlined the onboarding process to make the integration user-friendly. Customers can now select USDT within their Bitso wallets, choose Solana as the transaction network, and easily deposit or withdraw funds to any Solana-compatible wallet. From there, they can connect to Solana-based DeFi platforms and explore new opportunities to earn, invest, or transact with crypto.
The company emphasized that this development aligns with its ongoing efforts to promote financial inclusion across Latin America. By leveraging blockchain technology, Bitso aims to offer transparent, borderless, and efficient tools that empower individuals and businesses to participate in the global digital economy.
Industry observers note that this integration positions Bitso at the forefront of innovation among regional crypto platforms, strengthening its role as a bridge between traditional finance and the decentralized economy. With stablecoin usage continuing to rise across emerging markets, the inclusion of USDT on Solana is expected to further expand access to low-cost, high-speed financial services in Latin America and beyond.
