Crypto statistics for Mexico: every number with its source

Numbers about crypto in Mexico tend to travel without a source, get copied from one article to the next and mix up periods. This page does the opposite: every figure comes with who published it and the period it covers. When a number is a company estimate, or we couldn't confirm it at the original source, we say so.

We checked every data point in October 2026. Most of the primary sources are Mexican and in Spanish; we've translated the labels and kept the original source names so you can trace them. If you're a journalist, researcher or analyst writing about Mexico, you're welcome to cite them; the last section explains how.

Adoption: Mexico in the Chainalysis index

The most-quoted adoption ranking comes from Chainalysis, a blockchain analytics firm. It isn't a survey: it estimates real usage from on-chainRecorded directly on the blockchain, as opposed to internal bookkeeping inside an exchange. activity, weighted by population and purchasing power, so it rewards countries where ordinary people use crypto rather than those that simply move the most dollars. Each edition runs July to June.

In the September 2026 edition, Mexico ranked 11th worldwide. Its sub-index ranks were 21st for total flows to services, 13th for balances, 8th for domestic P2PPeer-to-peer: transfers directly between people rather than through an exchange. activity and 5th for cross-border flows, its strongest factor. The 23rd place in the prior edition was reported by Milenio; we couldn't verify it on Chainalysis's page, which only shows the top 20.

A caution when comparing years: Chainalysis adjusts its methodology and data between editions, so a jump in rank doesn't necessarily mean usage multiplied.

How much crypto value moves through Mexico

Chainalysis also publishes the value of crypto activity by region. Its September 2026 Latin America report put the region at USD 593.8 billion from July 2025 to June 2026, up 9.8%, while global activity fell.

Mexico was the region's third-largest market and the fastest grower among the big three. The previous report, covering July 2024 to June 2025, gave Mexico USD 71.2 billion, also third. Don't subtract one from the other: each report recalculates its series (Brazil shows USD 318.8 billion in the earlier report yet only a 1.6% drop in the new one).

Stablecoins. In the same report, more than USD 47 billion of Mexico's activity, 61%, went through stablecoinsCryptocurrencies built to hold a steady value, usually 1:1 with the US dollar (USDT, USDC) or with the peso (MXNB).. Quarterly stablecoin inflows to services hit USD 8.4 billion in Q2 2026, more than eight times their 2021 level, and monthly stablecoin value on corridors starting or ending in Mexico reached USD 1.8 billion in June 2026, about four times early 2024. Chainalysis also points to demand for peso stablecoins such as MXNB.

Remittances: Banxico's series

Remittances drive much of Mexico's stablecoin use. These are official Banco de México figures, in millions of US dollars.

How much moves through crypto? Banxico doesn't measure it. The available figure comes from Bitso Business, which works as back-end infrastructure for remittance companies. It reported handling USD 3.3 billion of the US–Mexico corridorThe route money takes between two countries; US to Mexico is one of the largest in the world. in 2022, USD 4.3 billion in 2023 and more than USD 6.5 billion in 2024, which it described as over 10% of the total. For January–August 2026 the company estimated 14.7%, as reported by Expansión on 2 October 2026. That's a self-reported estimate with no published dollar volume or method. If you're sending money home or to family in Mexico, our guide to sending money to Mexico with crypto walks through the route.

What people buy: the stablecoin share

The other stablecoin number comes from purchases on Bitso, the country's largest exchange. It measures something different from Chainalysis: what users choose when they buy, not how much value crosses the blockchain.

• Mexico, 2025: USDC and USDT together made up 36% of crypto purchases on Bitso, ahead of bitcoin, according to the company's "Crypto Landscape in Latin America 2025" report as covered by CriptoNoticias in May 2026. In the first half of 2025 the split was USDC 25% and USDT 11%.
• Latin America: coverage of the regional figure differs, with one article giving 46% stablecoin share of purchases in 2025 (versus 30% in 2023) and another 40%, both citing Bitso. We couldn't reconcile the two in the original report.

For why so many people buy digital dollars, our USDT page explains how it's used in Mexico.

Bitcoin ATMs: how many and where

Counting machines is harder than it sounds. The reference source is Coin ATM Radar, but it blocks automated requests, so we rely on dated citations of it.

The national series we could document: 13 machines in early 2022, 22 by mid-2022, 66 on 10 June 2024 (35 in Mexico City, Coin ATM Radar data published by Statista) and 101 in a UPay listing published in May 2026 that cites Coin ATM Radar without giving the date of the count. Other 2024 reports mention 48 to 56 machines in the capital alone, which conflicts with the Statista figure.

The same listing has one machine each in Aguascalientes, Cabo San Lucas, Culiacán and San Luis Potosí. Machines move and close often, so confirm on the map before you go. City-level detail is in our bitcoin ATM guide and the city guides, including Mexico City and Cancún.

Payment infrastructure: OXXO, SPEI, CoDi and DiMo

Hardly anyone buys crypto straight with banknotes. What matters is how pesos reach an exchange, and these numbers give context.

OXXO stores. FEMSA reported 24,297 OXXO stores in Mexico at the end of 2025, up from 23,206 a year earlier, and about 24,455 on 31 March 2026, per figures cited by El CEO. Each one takes cash deposits into wallets and accounts, the usual on-ramp for people who earn in cash; our cash and OXXO guide explains what foreigners can and can't use.

SPEI. Banxico's real-time transfer system processed more than 7.3 billion transfers in 2025, worth about MXN 600 trillion (roughly 16.8 times GDP), according to figures presented by Banxico's governor and reported by the press. The same presentation cites 36.8% growth over 2024; we couldn't locate Banxico's original document. SPEI is the standard way to fund an exchange in pesos: see our SPEI bank transfer guide.

CoDi. By mid-March 2026, 22,103,832 accounts had been validated for CoDi, but only 2,659,311 had made at least one payment and 1,109,367 had received at least one, according to DPL News. That's about 12% of validated accounts ever used to pay.

DiMo. Banxico said that at the end of November 2024 more than 11 million accounts were linked to DiMo, its pay-by-phone-number service, across 21 institutions. Those are registered accounts, not active users. We found no newer official figure.

Financial inclusion and connectivity

Two official surveys help size how many Mexicans could realistically buy crypto in an app.

ENIF 2024 (INEGI and CNBV). The National Financial Inclusion Survey, fielded June to August 2024 and published in March 2025, found that 76.5% of people aged 18 to 70 had at least one formal financial product (account, credit, insurance or retirement fund), up from 68.4% in 2015. The gender gap persists: 80.9% of men and 72.8% of women. A BBVA Research analysis of the same survey puts the share with at least one formal savings product, the closest proxy for "having a bank account", at 63.0%. ENIF doesn't ask about crypto.

ENDUTIH 2025 (INEGI). Published in June 2026: 86.1% of people aged 6 and older use the internet, about 104.9 million people. There are 103.2 million mobile-phone users and 97% of them have a smartphone. Only 37.3% of internet users shop online, according to DPL News's coverage. We couldn't open INEGI's release from our tools, so these figures come from press coverage; the primary source is INEGI press release 32/26.

What percentage of Mexicans own crypto? The surveys

It's the most-searched question and the one with the weakest answer. No Mexican authority measures crypto ownership. What exists are private surveys and estimates using very different methods.

Statista Consumer Insights also publishes ownership data by country, but it sits behind a paywall and we couldn't verify it. If you see it quoted, check the sample size and whether the survey was online.

Companies and regulation in numbers

Bitso. The company says it ended 2024 with 9 million users across its four countries, 4.4 million of them in Mexico (48% of the total, up 13%). In April 2026, on its 12th anniversary, it said it had passed 10 million clients and served more than 1,900 corporate clients through Bitso Business. These are company figures. Our Bitso review covers what foreigners need to open an account.

Licensed fintech institutions. In August 2024 the CNBV finished granting definitive licences to the 35 companies operating under the Fintech Law's transitional regime. We found no official consolidated count of how many ITFsInstituciones de Tecnología Financiera: companies licensed by the CNBV under Mexico's Fintech Law, such as e-money wallets and crowdfunding platforms. are licensed today; private 2026 sources cite more than 65 and 89, and they disagree. The live list is the CNBV's register of supervised entities (Padrón de Entidades Supervisadas), filtered by "Instituciones de Tecnología Financiera".

One firm data point: none of those institutions is authorized to sell crypto to the public. Banxico's Circular 4/2019 bars banks and ITFs from doing so. Exchanges operate as registered "vulnerable activities" under anti-money-laundering rules, and some use an IFPEInstitución de Fondos de Pago Electrónico: the type of ITF that runs peso e-money wallets. It can hold your pesos but cannot offer crypto. to handle the peso side. Our guide to whether crypto is legal in Mexico covers the framework.

How to cite this page

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We update the page when the main sources publish: Banxico remittances monthly, the Chainalysis index each September and INEGI surveys when released. A Spanish version of this page is available for Spanish-language publications. Found an error, or a newer figure with a source? Use the contact page. How we review information is set out in our methodology.