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Tribal Credit, Bitso and Stellar Development Foundation unveil cross-border payment tool in Mexico

San Francisco-based startup Tribal Credit is working with Latin American exchange Bitso and the Stellar Development Foundation to launch a new cross-border payment system for businesses in Mexico and the U.S. The tool is aimed at making it cheaper and faster for small and medium-sized enterprises (SMBs) in Latin America to send payments to other countries including the U.S. Bitso is facilitating the conversion of Mexican pesos to the dollar-pegged USDC stablecoin.  “If a customer is holding onto 100,000 USDC …