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Anchorage Digital Partners Grupo Salinas For Cross-Border Payments

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Anchorage Digital Partners Grupo Salinas For Cross-Border Payments
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Anchorage Digital has teamed up with Mexican conglomerate Grupo Salinas to make cross-border U.S. dollar payments faster and more efficient using stablecoin technology.

As part of the partnership, Grupo Salinas’ crypto division, Coinpro, will integrate Anchorage Digital’s stablecoin technology into its payment systems. This aims to speed up cross-border settlements.

The companies say using blockchain will shorten settlement times while still meeting the regulatory and security standards that big institutions need.

The partnership is focused on creating programmable, real-time payments using stablecoins tied to the U.S. dollar. Anchorage says its “Stablecoin Solutions for Banks” platform helps financial institutions move money around the world with blockchain, while staying within regulatory guidelines.

Grupo Salinas is led by billionaire Ricardo Salinas Pliego, a longtime supporter of Bitcoin and digital assets. The group also owns Banco Azteca and the retail giant Grupo Elektra.

Anchorage CEO Nathan McCauley said stablecoins are becoming more than just trading tools and are now a key part of modern financial systems. Grupo Salinas executive Carlos Díaz Alonso said the company plans to work together to create more efficient financial channels for their customers.

This announcement shows that traditional financial groups in Latin America are increasingly turning to stablecoins for international payments, especially in regions where cross-border transactions are slow and costly.

Anchorage has also grown its stablecoin partnerships lately, including working with U.S. dollar stablecoins on the Solana blockchain.

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