Batch Stablecoin Payouts: How Colombian Fintechs Can Pay 100+ Contractors in Minutes

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Jun 12, 2025

Colombian fintechs are under increasing pressure to modernize international contractor payments, especially as stablecoins transform the region's financial landscape. In 2024, stablecoins accounted for 66% of all cryptocurrency transactions in Colombia, underscoring their explosive growth and importance for businesses seeking efficiency. Across Latin America, cryptocurrency transactions grew by 42.5% in 2024, with stablecoins at the center of this transformation.

By leveraging a batch stablecoin payouts platform, these companies can overcome costly delays and complex cross-border processes to pay 100+ contractors in just minutes.

Why Batch Stablecoin Payouts Matter for Colombian Fintechs

Many Colombian businesses still struggle with slow, expensive international payments. In fact, 41% of Colombian merchants experienced at least one delayed or failed international payment in the past year, and average foreign exchange fees for cross-border transactions by SMEs are nearly 6%—significantly higher than in neighboring countries.

A striking 76% of Colombian businesses now use at least one digital payment solution, showing clear momentum toward fintech integration.

Batch stablecoin payouts offer a practical solution to these persistent challenges.

By switching to batch stablecoin payouts, Colombian fintechs can significantly reduce operational costs and minimize payment delays, providing a competitive advantage in a rapidly changing industry.

How Batch Stablecoin Payouts Work—A Step-by-Step Guide

Adopting batch stablecoin payouts involves a straightforward but secure process that can be integrated into existing payment workflows. Here's how Colombian fintechs can get started:

Choose a Stablecoin Payment Provider: Select a licensed provider like Mural Pay that supports multi-currency transactions and compliance features.
Integrate the Payment API: Use the provider’s API to automate wallet creation, real-time transaction tracking, and batch payouts. These platforms can also automate invoice reconciliation, reducing manual admin for finance teams.
Implement KYC/KYB and Compliance: Automate regulatory checks to keep up with Colombian AML/KYC requirements.
Upload Contractor Details: Batch upload recipient data (e.g., via CSV), enabling payments to 100+ contractors in a single transaction.
Initiate and Track Payments: Execute payouts and monitor settlement in real time—transactions often settle in under five minutes, compared to days for traditional wires.

For more on the integration process for stablecoin payouts, see the integration process for stablecoin payouts.

Security, Compliance, and Regulatory Realities in Colombia

It’s a question nearly every fintech faces: Is it legal and safe to pay contractors in Colombia with stablecoins?

The real answer is nuanced. Colombia’s Superintendencia Financiera (SFC) does not prohibit stablecoin payments, but banks are restricted from directly offering crypto services. Fintechs must implement AML and KYC protocols, as regulatory scrutiny is increasing across the region. In 2023, Colombian fintech fines for non-compliance exceeded $1.5 million USD.

This isn’t just a banking requirement—DIAN expects strict adherence for all companies paying with digital assets.

DIAN treats crypto as an asset for tax purposes, so both businesses and contractors must report their transactions.

The key for fintechs is to automate compliance and stay updated on guidelines.

For more on Colombia’s regulatory sandbox for fintech innovation, see Colombia’s regulatory sandbox for fintech innovation.

Mural Pay—Batch Payouts in Action

A virtual assistant agency in Argentina recently struggled with manual, error-prone international payouts—until they adopted the batch payment feature from Mural Pay. By leveraging batch stablecoin payouts, the agency reduced payout and reconciliation time by over 70% and improved contractor retention with faster, more reliable payments.

Bottom line: Batch stablecoin payouts do more than streamline operations; they build trust and loyalty among contractors by delivering funds quickly and transparently.

Comparing Batch Stablecoin Payouts vs. Traditional Methods

When evaluating payment options, the speed and cost advantages of stablecoin payouts become clear.

Reflecting these advantages, 27% of Colombian exporters now use stablecoins for cross-border B2B payments.

	Traditional Cross-Border Wires	Batch Stablecoin Payouts
Settlement Time	2–5 business days	Under 5 minutes
FX/Transaction Fees	Around 5.9% (avg. for SMEs)	1–3%
Failure/Delay Rate	High (41% report issues)	Low (real-time blockchain tracking)
Documentation Burden	High (manual, time-consuming)	Automated, API-driven

In practice, fintech and stablecoin platforms can settle transactions in under five minutes, while traditional wires often take days and cost nearly double in fees.

For a detailed cost comparison between stablecoin and traditional wire transfers, see cost comparison between stablecoin and traditional wire transfers.

Overcoming Common Challenges—Lessons from the Field

It’s tempting to believe that batch stablecoin payouts solve all problems, but Colombian fintechs still face hurdles. Chief among these are on/off-ramp challenges (converting stablecoins to pesos) and ongoing regulatory ambiguity in the crypto space.

The region has faced increased regulatory scrutiny, driving home the necessity of compliance automation and user education.

Participating in Colombia’s regulatory sandbox, "La Arenera," can help fintechs manage compliance as rules change.

The smart move? Prioritize platforms with reliable off-ramp solutions and actively monitor compliance guidelines.

For a closer look at the challenges Colombian fintechs face with on/off-ramps, visit on/off-ramp challenges for Colombian fintechs.

Expert Insights—The Future of Stablecoin Payouts in Colombia

When it comes to stablecoin payouts, regional leaders see a bright future.

Juan Pablo Córdoba, President of the Colombian Stock Exchange, notes: “Colombia is making significant progress in digital asset regulation, and stablecoins are being closely studied as part of upcoming fintech laws.”

Catalina Gutiérrez, Director of the Fintech Colombia Association, adds that “Regulatory clarity and compliance are the top challenges for batch payment adoption among Colombian fintechs.”

Nano Rodriguez, Head of Strategic Alliances at Bitso, underscores the transformative impact: “By combining stablecoins with local payment rails, we’re unlocking a powerful cross-border experience—something traditional banking infrastructure simply can’t deliver.”

For more, see the future of stablecoin payouts for Colombian fintechs.

Key Takeaways for Colombian Fintechs

Too many companies focus only on incremental improvements, missing the broader impact of batch stablecoin payouts.

Key takeaway: Batch stablecoin payouts are already reshaping how Colombian fintechs operate—reducing costs, speeding up payments, and supporting compliance in a shifting regulatory environment.

With over 70% of Colombian fintechs planning to offer stablecoin payment options by 2025, now is the time to explore compliance automation for batch payments.

Stablecoin payouts can also promote financial inclusion, providing secure payment access for unbanked populations.

For more, see compliance automation for batch payments.