Miracle Pay and Bitso Announce Strategic Partnership to Power Merchant Onboarding and Settlement Across Latin America
Summary
Miracle Pay and Bitso announced a strategic partnership to accelerate merchant onboarding, digital payments, and regional settlement across Latin America, starting in Mexico and expanding regionally. Miracle Pay will lead merchant-facing onboarding and payment acceptance while Bitso will provide custody, conversion, and settlement infrastructure using stablecoin rails and regional operations. The collaboration aims to let merchants receive local-currency pay-ins, convert to USD-backed stablecoins via on-chain FX, and disburse payouts 24/7 across Mexico, Brazil, Colombia, Argentina, and the U.S. The partners position the rollout as a practical, user-focused regional deployment that also reinforces the underlying Miracle Chain payments infrastructure as adoption grows.