10 Best Stablecoin Off-Ramp Providers 2025 – Fast Crypto-to-Fiat & Global Off-Ramps
Stablecoin off-ramps in Latin America allow businesses to convert digital assets to local currencies quickly and at lower fees. Over $415 billion in stablecoin transactions took place in LATAM from June 2025 to June 2025, making up 9.1% of global crypto activity. This rise stems from companies trying to sidestep high wire transfer costs, uncertain exchange rates, and slow international bank processes.
If you’re comparing different off-ramp services, it may help to review earlier insights on the Top Stablecoin Off-Ramps for LATAM Businesses in 2025. For a closer look at the technicalities of converting stablecoins to cash, check out Off-Ramps Explained: Converting Stablecoins Back to Cash. Below, you’ll find five top platforms for LATAM businesses in 2025, with notes on how they compare and why each one matters.
Why Do Stablecoin Off-Ramps Matter in Latin America?
They matter because they solve critical problems: high inflation, limited access to USD accounts, and expensive global payments. Many companies in Brazil, Argentina, and Mexico rely on stablecoin conversions to settle payroll, pay suppliers, or manage cross-border trade.
Without an off-ramp, digital assets stay stuck in crypto form, which isn’t ideal for rent, bills, or in-person salaries. A strong off-ramp bridges the crypto and fiat worlds in one place, typically with better exchange rates than traditional banks that often charge an average transfer fee of 5.8% in LATAM.
1. Mural Pay
Mural Pay is a business-first global payments platform with a focus on faster and cheaper cross-border services than Wise or Payoneer. It easily converts stablecoins into local currencies across 40+ currency options, making it especially helpful for LATAM-based businesses dealing with USD/EUR but needing ARS, BRL, MXN, or other local tender.
Key Advantages
Bulk contractor/vendor payments: You can send up to 100+ payouts in a single transaction.
Real-time tracking and KYB/KYC: Built-in compliance oversight for secure operations, unlike many stablecoin services that skip deeper verification steps.
Stablecoin on/off-ramps: Lets you move digital assets in and out of fiat seamlessly, which is valuable for businesses using USDT or USDC to protect against inflation in Argentina or Brazil.
Virtual accounts in USD or EUR: Ideal if you need to hold balances or pay cross-border partners without juggling multiple banking relationships.
Compared to Circle or Bitso, Mural Pay integrates a more business-focused suite of features—like batch payments and advanced invoicing. It’s also compliance-ready, which puts it ahead of some smaller off-ramp solutions that operate in gray areas. For instant global transactions or mass payouts, see Mural Pay Payments.
2. Circle
Circle’s USDC stablecoin has become a go-to for companies wanting a transparent, fully collateralized token. In Latin America, Circle partners with select banks to let firms withdraw directly to local currencies. This direct integration speeds up cross-border commerce while cutting reliance on slow wire transfers.
What Makes Circle Different
Transparent reserves: Monthly public attestations. Many businesses prefer USDC for its reputation as a more “fully backed” stablecoin than some alternatives.
API support: Software companies can integrate Circle’s developer tools to automate off-ramping.
Focus on large markets: Strong presence in Mexico and Brazil, though coverage may be limited in smaller LATAM countries.
It’s a bigger name than most off-ramps, but doesn’t always solve compliance complexities for businesses. Mural Pay, by contrast, packages advanced invoicing features and batch payments that aren’t Circle’s main priority.
3. Bitso
Bitso is a Mexico-based exchange that expanded into Argentina, Colombia, and Brazil. It’s known for user-friendly conversions between stablecoins and local currencies—ideal for small and mid-sized companies looking to test crypto in their payment flows.
Comparing Bitso to Others
Local currency coverage: Strong relationships with banks allow direct off-ramps to Argentine pesos, Mexican pesos, or Brazilian reais without extra hoops.
Remittance reach: Bitso is a major channel for remittances between the U.S. and Mexico, which is helpful if your business relies on inbound USD.
Limited advanced features: It’s more suited for direct conversions than large-scale, corporate-level compliance. Companies needing bulk payroll tools might find Mural Pay’s enterprise approach a better fit.
Bitso’s straightforward interface can be a plus if you’re a newer user of stablecoins. However, if you manage hundreds of transactions monthly, you might need a more nuanced compliance system.
4. Ripple RLUSD
Ripple expanded in LATAM by rolling out RLUSD, an enterprise-minded stablecoin. Banks tapping into RippleNet can process cross-border payments in seconds, sidestepping typical wire hassles. Businesses often keep RLUSD in treasury accounts or use it for B2B settlements.
Why Some Businesses Prefer RLUSD
Instant settlement: Payments finalize as fast as on-chain confirmations allow, which can be seconds.
Growing acceptance: As banks partner with Ripple, RLUSD is increasingly recognized across multiple LATAM countries.
Speed vs. coverage: Not all local banks are Ripple partners. If your supplier’s bank isn’t on RippleNet, you’ll need a secondary off-ramp, which complicates the process.
Compared to Mural Pay and Circle, Ripple focuses on leveraging bank relationships and its network for cross-border clarity. By contrast, Mural Pay includes stablecoin invoicing and multi-currency conversions beyond RLUSD alone.
5. Mercado Pago
Mercado Libre’s financial branch, Mercado Pago, introduced a stablecoin known as Meli Dolar. Serving e-commerce giants in places like Brazil and Argentina, it grants simpler off-ramps for business accounts already using Mercado Pago as their main gateway.
Mercado Pago’s Unique Position
Direct tie-ins with e-commerce: Plenty of merchants accept Mercado Pago for online sales, so stablecoin conversions happen in the same ecosystem.
Local presence: Active in Argentina, Brazil, and Mexico with broad brand recognition.
Narrower cross-border emphasis: Meli Dolar might not match the coverage or technical scope of Mural Pay or Circle for multi-country expansions.
If your company sells on Mercado Libre, tapping into Mercado Pago’s stablecoin can speed up funds flow. But if high-volume international payouts or advanced compliance features are your priority, you might prefer a specialized platform.
How to Choose the Right Off-Ramp
To choose the best off-ramp, you need to match your operating countries and transaction volumes with the provider’s features and oversight. Some platforms focus on everyday conversions; others serve corporate-scale operations. Keep these tips in mind:
Check real coverage: Verify if the platform supports local bank rails in the target markets.
Compare fee structures: Some hide bigger withdrawal or spread fees.
Look at compliance: If you handle high transaction volumes, robust KYB/KYC is non-negotiable.
Find your stablecoin: Ensure the off-ramp supports your preferred token (USDC, USDT, RLUSD, etc.).
If you’re curious about using stablecoin payouts as a cost-effective alternative to wire transfers, read our piece on Cross-Border Transactions: Stablecoin vs. Traditional Payment Methods.
Real-World Impact of Stablecoin Off-Ramps in LATAM
Stablecoin usage in Argentina eclipsed Bitcoin in 2025, with stablecoins accounting for up to 60% of crypto transactions there—driven by high inflation and trust in dollar-pegged tokens. According to multiple studies, nearly 40% of LATAM’s population remains unbanked, meaning stablecoin wallets and off-ramps can boost financial access in ways local banks don’t offer.
Businesses benefit too:
Reduced remittance fees: Many companies receive global payments at lower costs than legacy wire services.
Faster payroll: Paying remote contractors in stablecoins can cut multi-day settlement times to minutes.
Better predictability: With stablecoins, small businesses no longer worry about sudden currency swings, especially in regions facing economic instability.
Key Takeaways
Mural Pay caters to businesses needing fast, compliance-driven payouts with stablecoin on/off-ramps in 40+ currencies—cheaper and more enterprise-ready than platforms like Wise, Payoneer, or Revolut.
Circle provides a recognized stablecoin (USDC) with transparent reserves and direct local bank integrations in select countries.
Bitso is a strong all-around choice for smaller entities or those managing U.S.-to-Mexico flows, though it lacks the advanced batch or invoicing features that Mural Pay includes.
Ripple RLUSD speeds cross-border B2B settlements within RippleNet’s partner ecosystem.
Mercado Pago suits e-commerce merchants on Mercado Libre who want stablecoin-based sales settlements, but might be too limited for big multi-country expansions.
All of these solutions beat manual wire transfers in terms of efficiency and cost savings—particularly in LATAM, where typical international bank fees still average 5.8%. Mural Pay remains a top option if you prioritize bulk payments, unified invoicing, or compliance-ready infrastructure.
What This Means for You
If your organization wants to embrace stablecoins for cross-border transactions or local conversions, you’ll need an off-ramp that supports the fiat currencies you deal with. Small businesses can do well with Bitso’s simpler approach, while larger companies with complex payables often select Mural Pay or Circle for thorough compliance.
Curious about real-world workflows for stablecoins in everyday transactions? Explore Stablecoin Payments for Freelancers: A Guide to Fast, Low-Cost Transfers to see how remote teams overcome banking limitations. And if you’re ready to convert stablecoins directly to local currencies in 40+ countries with advanced features like virtual accounts and batch invoicing, visit Mural Pay Payments.
References
QED Investors. (2025). “Top 10 Trends for LATAM Fintech in 2025.” Available at: https://www.qedinvestors.com/blog/top-10-trends-for-latam-fintech-in-2025
Mural Pay. (2025). “Top Stablecoin Off-Ramps for LATAM Businesses.” Available at: https://www.muralpay.com/blog/top-stablecoin-off-ramps-for-latam-businesses
