RedotPay has launched a new payment feature in Mexico, enabling users to convert cryptocurrency into Mexican pesos almost instantly. The service, 'Send Crypto, Receive MXN,' utilizes the Circle Payments Network to offer transaction fees below 1%, a significant reduction from the industry average of 6.5%. This initiative targets the high transfer fees and lengthy settlement times in Mexico, a key remittance market that received $64.7 billion in 2024. The launch in Mexico follows RedotPay's similar service in Brazil and comes after the company secured $40 million in a Series A funding round and $47 million in strategic investment. RedotPay plans to extend its crypto-to-fiat solutions to other emerging markets.