The cryptocurrency exchange Crypto.com and BTG Pactual have partnered to boost banking services in Latin America. This collaboration aims to bridge traditional finance with the digital economy for millions of customers across the region.

This partnership involves the integration of BTG DOL, BTG group's proprietary stablecoin pegged 1:1 to the US dollar by Crypto.com. Launched with the support of BTG Pactual, BTG DOL facilitates transactions between traditional financial systems and the emerging digital economy.

Expanding Financial Horizons

Eric Anziani, the President and Chief Operating Officer of Crypto.com, mentioned: "We at Crypto.com share BTG's vision of innovating financial technology responsibly to empower the economy. We are incredibly proud and excited to partner with BTG and to help broaden accessibility to the emerging digital economy in a significantly high potential region."

According to the press release, the partnership aims to democratize access to the digital economy by empowering individuals and businesses throughout Latin America. By leveraging financial technology, Crypto.com and BTG Pactual aims to drive economic growth and financial inclusion across the region.

The partnership between Crypto.com and BTG Pactual builds upon Crypto.com's presence in Latin America. The crypto exchange holds a Payment Institution License from the Central Bank of Brazil with the Crypto.com Visa Card in Brazil available in the region.