The Road to LATAM Starts in Mexico
Your Crypto Adoption and GTM Report
Greg Patenaude
Content Guild Co-Lead

Discover why Mexico is crypto’s launchpad into LATAM.
Mexico is living the future of crypto adoption. It’s where crypto already feels real. Families use stablecoins to pay rent, freelancers get paid in USDC, and businesses are settling invoices onchain. While most of the industry is still chasing hype cycles, Mexico is quietly proving what mass crypto adoption actually looks like.
Crypto here isn’t about speculation. It’s about survival. And that survival instinct makes Mexico the most activation-ready market in LATAM.
If you want to scale into LATAM, this is your starting line.
👉 Download the full Road to LATAM Starts in Mexico Report to get community insights, tactical strategies, and go-to-market playbooks built from the ground up.
If you’re serious about entering LATAM, Mexico is your clearest first step.
With the world’s second-largest remittance corridor, a booming fintech sector, and a culture of mistrust in banks make Mexico the most primed crypto market in the region.
Three forces converge here:
$64.7 billion in annual remittances
773 fintech startups building rails
600+ developers hacking at ETHMexico
No other LATAM market stacks those conditions together right now.
Brazil is saturated with Pix, the central bank’s instant-payment system. Argentina’s inflation and FX volatility create huge demand but also constant uncertainty. Colombia shows strong adoption signals, but the rails are still catching up. Mexico is the one place where the money, the infrastructure, and the builders are already aligned.
It’s not if you scale to Mexico. It’s how fast.
Mexico is a Culture in Motion
Half the country saves money. But only a quarter trust banks enough to do it through formal channels. The rest? Cash under the mattress, tandas with family, and pawn shop loans at brutal rates.
“Stablecoins aren’t the future here. They’re already the present.”
Crypto doesn’t need to invent new behaviors here. People are already saving, already moving money, already borrowing. They just need tools that don’t rob them blind. That’s why stablecoins aren’t some “future narrative.” On Bitso, USDC already beats Bitcoin in trading volume. One in ten U.S.–Mexico remittance dollars moves through crypto rails.
If your GTM strategy ignores this reality, it’s dead on arrival.

Inside Mexico’s Crypto Market
Right now, Bitso is the gatekeeper. 93% of peso liquidity runs through them. Binance is lurking with a sliver of market share and a stronger altcoin menu. Everyone else is just noise.
That concentration of market share is a cheat code. One partnership can unlock almost the entire peso market and offer a straight shot to distribution.
But don’t get fooled. Users may start on CEX rails, but DeFi is already gaining traction at the edges. Yield tools, altcoins, and onchain quests. Curiosity is pulling them onchain.
The funnel is obvious: CEX first, DEX next.

The Trust Bottleneck
Here’s the real challenge: trust.
49% of Mexican adults are unbanked, and most of them cite distrust as the reason. Add in a financial services trust score of 45/100, and you see the problem. If your UX doesn’t scream “your money is safe,” you won’t even get the first click.
That means audits are table stakes. Spanish-first support isn’t a nice-to-have; it’s your conversion funnel. WhatsApp voice notes beat PDFs every single time.
Trust isn’t the moat. Trust is the product.

Go-To-Market in Mexico: What Works, What Doesn’t
The growth stack is already written in the culture: TikTok hooks, WhatsApp onboarding, Telegram for community. IRL meetups to seal the deal.
Your local GTM strategy isn’t a translation exercise. It’s an activation engine. Neutral Spanish is non-negotiable. Apps bigger than 10MB will die on mid-range phones. Voice notes under 1MB spread faster than any blog. If you don’t adapt to these realities, you will lose to the teams that do.
And don’t mistake vibes for strategy. Events are one of the biggest retention engines. ETHMexico, Talent Land, and Binance cafés all convert the curious. If you’re not on the ground in Mexico, you’re not in the market.

Mexico Is Crypto’s Launchpad into LATAM
We wrote this report because too many teams treat LATAM like a monolith. It’s not. Each country has its own rails, culture, and choke points. Mexico is the clearest first move, but only if you build for trust, activate through community, and scale with clarity.
The Road to LATAM Starts in Mexico Report breaks it down: the macro data, the cultural insights, the compliance checklists, and the growth models.
👉 Download the report before the next $64B in remittances lands.
Because if you’re serious about LATAM, start where it’s already happening. Start in Mexico.

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