trubit-pro.nsiso.online Open in urlscan Pro
2a02:4780:13:1822:0:3331:4009:6  Public Scan

Form analysis
0 forms found in the DOM

Text Content

 * ABOUT
   * WHO WE ARE
   * WHO WE SERVE
   * CONTACT
 * PRODUCTS
   * PRESS RELEASE DISTRIBUTION
   * PRESS RELEASE OPTIMIZER
   * MEDIA SUITE
   * MEDIA DATABASE
   * MEDIA PITCHING
   * MEDIA MONITORING
   * MEDIA ROOM
   * IR WEBSITES
   * WEBCASTING
 * NEWSROOM
 * RESOURCES
   * LIBRARY
   * BLOG
   * COMPANY SPOTLIGHT
   * PRESS RELEASE SAMPLE
   * PRESS RELEASE TEMPLATE
   * FAQ
 * CUSTOMER REVIEWS
 * LOGIN

SUBMIT A PRESS RELEASE


--------------------------------------------------------------------------------

Back to Newsroom


TRUBIT AND BRIDGE UNITE TO TRANSFORM STABLECOIN-DRIVEN CROSS-BORDER PAYMENTS
BETWEEN THE U.S. AND LATAM

Wednesday, 11 December 2024 10:00 AM


Visit Newsroom
Share this Article


Topic:
Partnerships

DALLAS, TX / ACCESSWIRE / December 11, 2024 / TruBit, Latin America's leading
crypto payment platform, is thrilled to announce a strategic partnership with
Bridge, a global money movement platform built on stablecoins. This
collaboration marks a significant milestone in revolutionizing cross-border
payments between the United States and Latin America, introducing a seamless,
low-cost, and efficient US-LATAM payment ramp to address financial challenges.








As the stablecoin market reaches $150 billion in market capitalization in 2024
(up from $15 million in 2017, according to Forbes), stablecoins have become
essential for cost-effective transactions. The alliance between TruBit and
Bridge reduces transaction costs to as low as 1%, a stark contrast to the
typical 5-10% fees charged by banks (Deloitte). This cost-efficiency
significantly enhances the operational viability of cross-border payments.

"Through our partnership with Bridge, we have successfully created a seamless
connection between the U.S. and LATAM, enabling businesses and individuals to
transfer and pay across borders quickly and affordably. This collaboration
significantly reduces costs and achieves near-instant settlement in
international transactions, transforming how cross-border payments are conducted
and delivering tangible value to our customers.", states Maggie Wu, CEO and
Co-Founder of TruBit.

"We're excited to partner with TruBit. We're using stablecoins to deliver faster
transaction settlement and dramatically lower transaction costs for end
consumers. This partnership underscores our shared commitment to delivering
scalable, efficient financial infrastructure for businesses operating across
borders," mentioned Zach Abrams, CEO and Co-Founder of Bridge.

The TruBit and Bridge collaboration strengthens cross-border financial flows
between the U.S. and LATAM, empowering businesses and individuals to manage cash
flow effectively and remain competitive in a globalized market. Entrepreneurs
like Belén, a design business owner in LATAM, exemplify this impact. Before
adopting TruBit and Bridge, she faced payment delays of up to five days and high
international fees. "TruBit helped me reduce payment times to same-day and cut
fees by 80%," she shares. Now, she effortlessly collects payments from clients
in Europe and the U.S. while paying suppliers in LATAM, improving her cash flow
and operational efficiency.

The US-LATAM payment ramp leverages API integration and both companies' fiat and
crypto on-and-off ramp infrastructures to deliver secure, efficient, and
low-cost transactions. Together, TruBit and Bridge are transforming
international payments, fostering a more inclusive and interconnected global
financial ecosystem.

About TruBit

TruBit, established in LATAM in 2020, is a comprehensive global crypto platform
built on two core pillars: payments and trading. At its forefront is TruBit
Business, delivering compliant cross-border payment solutions that seamlessly
integrate fiat and crypto for businesses. For trading, TruBit Pro provides
advanced tools for experienced traders, while the TruBit Wallet supports easy
conversion and Earn+ features. The Mastercard TruBit card enables convenient
crypto spending.

As a pioneer in compliant fiat on-and-off ramp services, TruBit operates in key
LATAM markets like Mexico, Argentina, Brazil, Colombia, Chile, and Peru, with a
growing footprint in the U.S., Hong Kong, and Europe. Its commitment to
regulatory compliance, security, and innovation empowers businesses and users
worldwide, bridging the gap between fiat and crypto through seamless trading,
remittance, and payment services.

Contact For any inquiries, contact [email protected] or [email protected].

SOURCE: TruBit

Topic:
Partnerships
Back to Newsroom


CONTACT US TODAY





IF YOU HAVE QUESTIONS OR WANT TO LEARN MORE ABOUT OUR PRODUCTS, OUR TEAM’S HERE
TO HELP!

Contact Us

--------------------------------------------------------------------------------

ABOUT

WHO WE ARE

WHO WE SERVE

CONTACT

PRODUCTS

PRESS RELEASE DISTRIBUTION

PRESS RELEASE OPTIMIZER

MEDIA SUITE

MEDIA DATABASE

MEDIA PITCHING

MEDIA MONITORING

MEDIA ROOM

IR WEBSITES

WEBCASTING

NEWSROOM

RESOURCES

LIBRARY

FAQ

COMPANY SPOTLIGHT

PRESS RELEASE SAMPLE

PRESS RELEASE TEMPLATE

BLOG

CUSTOMER REVIEWS

LOGIN

CONNECT TODAY!

SALES

EDITORIAL

CONTENT LICENSING

JOIN OUR NEWSLETTER

866-694-3099

--------------------------------------------------------------------------------

© 2024 

ACCESSWIRE | All Rights Reserved 

 * PRIVACY POLICY
 * TERMS OF SERVICE
 * RESPONSIBLE DISCLOSURE GUIDELINES
 * Status






Share by:

 * Post
 * Share
 * Pin
 * Copy
 * Share
 * Mail
 * Share


 * Pin