Bybit partners with Manteca to scale its offering in Argentina and Brazil
With the regional startup's technology, the crypto giant doubles down on Latin America and launches QR and PIX payments through Bybit Pay
Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Manteca, a leading financial infrastructure platform for Latin America, announced the launch of a new instant payments service in Argentina and Brazil. The solution will allow Bybit users to make payments via interoperable QR codes in Argentina, enabled by the Central Bank of Argentina's Transferencias 3.0 system, and through PIX in Brazil, using technology provided by Manteca.
Thanks to this integration, Bybit Pay users will be able to pay at any store that accepts QR in Argentina or PIX in Brazil, seamlessly using their crypto balance. The conversion to local currency is automatic and happens in real time, enabling fast payments without intermediaries or manual withdrawals. Additionally, Argentina becomes the second market in the world, following the success in Brazil, to offer Bybit's full product suite, including both its card and integrated local payments.
Patricio Mesri, Country Manager for Spanish-speaking Latin America at Bybit, said: 'This launch is a direct response to our users' need to use crypto practically in their daily lives. Thanks to this integration with Manteca's infrastructure, we can now offer a much more complete experience: not just investing or saving in crypto, but also paying in real life quickly, simply and securely. It's a key step in building crypto services that are useful, accessible, and tailored to the local market.'
Federico Goldberg, CEO of Manteca, added: 'The fact that a company like Bybit chose us for this integration is clear proof that we can build world-class technology in the region. At Manteca, we're building the infrastructure that simplifies crypto payments, and what we're doing with Bybit shows how we can bring that technology to real-world scale, directly impacting thousands of users.'
The new service is now available to all Bybit users in Argentina and Brazil and marks a new step toward real integration between the crypto ecosystem and traditional payment systems in the region.
#Bybit / #TheCryptoArk / #LATAM
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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