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We’re excited to announce that RedotPay users can now send cryptocurrency and receive Mexican Peso (MXN) for daily use. Along with our stablecoin-based cards, this makes it easier than ever for crypto holders to access and use local currency. With this integration, users can enjoy a hassle-free, cost-effective experience with greater convenience when accessing your funds directly in MXN.
Mexico, like many Latin American countries, has seen a rise in cryptocurrency adoption as a hedge against inflation and a tool for multi-market payments. However, converting digital assets to local currency has been a challenge. Our updated payout feature changes this, making it simple for users to send digital dollars and receive Mexican Pesos (MXN) for everyday use.
This new feature solves one of the biggest pain points in crypto: off-ramping stablecoins and cryptocurrency into local currency. Now you can seamlessly convert your crypto (USDC, USDT, BTC, BNB, ETH, SOL, S, TRX, TON, and XRP) straight into Mexican Pesos (MXN) upon arrival. Enjoy secure, fast transfers with no hidden costs, making your funds move efficiently, just the way you need it.
Most recipients in Mexico still don’t accept crypto directly. Our solution enables digital-to-fiat global payouts, making it easy for crypto users to send funds and support the access of stablecoins in everyday payments.
Most transfers arrive in 5 minutes or less. Actual times may vary depending on network or bank conditions. Every transaction is protected by RedotPay’s strong security and follows global compliance standards.
Getting started is as easy as a few taps in the RedotPay app. Follow these steps to send digital assets to and receive MXN:
1. Open the RedotPay app and Tap [Enviar] en la pantalla de inicio.
2. Next, select your Recipient.
3. Choose [MXN].
4. Enter the recipient’s details and tap [Guardar].
5. Enter the amount, review the details to proceed.
6. Select the payout reason and confirm.
Tip: Double-check the recipient’s bank details to avoid delays.
To learn more about how to use our Send feature check out our selection of Help Center articles.
At RedotPay, we believe digital finance should be as flexible and borderless as the digital world itself: accessible, secure, and efficient for everyone. That’s why we’re breaking down barriers to mass stablecoin adoption by enabling seamless, secure, and instant transfers to non-crypto users in Mexico. We’re committed to bringing seamless digital-to-fiat conversions to more countries worldwide, expanding access to digital assets for users everywhere. Stay tuned, we’ll soon bring this feature to even more countries!
Download the Aplicación RedotPay to explore our upgraded payout feature and join us in building a borderless and inclusive payment system for all.
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