Market report 2026
El otro lado del dinero: real-time payouts in Latin America
Latin America already knows how to collect locally. The 2026 challenge is paying out — and reconciling — at the speed Pix, SPEI, Bre-B and the other instant rails set. A 17-page report in Spanish.
Cover
Five findings
Instant rails are mass infrastructure
Pix closed 2025 with close to 80 billion transactions (BCB); SPEI processed 7.3 billion transfers (Banxico); Bre-B passed 1.7 billion in its first year (Banco de la República).
Cross-border money is still slow
Only 35.4% of retail cross-border payments are credited within an hour, against a G20 target of 75% by end-2027 (FSB 2025).
The payee is in the region and paid from abroad
Remittances to Latin America and the Caribbean reached US$173.7 billion in 2025 (IDB); 53% of web platform workers serve clients abroad (ILO).
Stablecoins are part of regional treasury
In Brazil, more than 90% of crypto flows are stablecoin-related (Chainalysis).
Reconciliation is the silent bottleneck
In Argentina, 75% of peso push transfers have a CVU at origin or destination (BCRA, Sep 2026).
Market report 2026
Read the full report
Country profiles for Brazil, Mexico, Colombia, Argentina, Peru and Chile, the cross-border gap, treasury and FX, virtual accounts and an operating guide for 2026. Every figure cites its public source.
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