Industry analysts point out that stablecoins and fintech companies still have approximately $112 billion of growth potential in the Latin American remittance market. Currently, the industry is overly focused on the $61.8 billion US-Mexico corridor, neglecting the faster-growing remittance channels from the US to Central America and within Latin America itself. Cross-border routes, including Venezuela to Colombia, Argentina to Bolivia, and Spain to Ecuador, are rapidly gaining traction, but most institutions have not yet optimized their strategies for these markets. Overall, the Latin American remittance market is worth approximately $174 billion. It is understood that Latin America is not a single market; countries differ significantly in regulation, payment infrastructure, and stablecoin demand. Leading companies are adopting a "country-specific" strategy rather than a regionally unified solution. In terms of trends, the core demand for stablecoins in Latin America is not for payments, but for "holding US dollars." Users prefer to hold funds in stablecoins long-term rather than just for transfers. In terms of the competitive landscape, traditional institutions such as Western Union and MoneyGram are building stablecoin infrastructure, while crypto-native companies like Binance are also accelerating their entry into the market. Overall, a closed-loop model combining local payment channels, stablecoin liquidity, and user trust (remittance—holding—consumption—returns) may dominate future competition. (Cointelegraph)