Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the appointment of Patricio Mesri as Chief Executive Officer (CEO) of Bybit LATAM, signaling a new growth phase for the exchange across Latin America. The move comes as crypto and stablecoin adoption accelerates across the region, driven by demand for faster payments, financial accessibility, and inflation-resistant assets.
In his new role, Mesri will lead Bybit’s Spanish-speaking markets with a focus on compliance alignment, regional growth, and user engagement. His initial priorities include scaling operations in Argentina and Mexico, expanding new initiatives in Colombia and Peru, and exploring high-potential markets such as Bolivia, where stablecoin usage has surged amid local currency volatility.
“Latin America is one of the most exciting regions in the world for real-world crypto adoption,” said Helen Liu, Co-CEO at Bybit. “People here turn to digital assets not out of curiosity, but because it genuinely improves their financial lives. Patricio understands that deeply. His leadership and cultural intuition will help us build stronger ties in each local market and bring more people into the Web3 economy in a safe, accessible way.”
Driving Stablecoin Utility and Financial Inclusion
Latin America has emerged as a global leader in stablecoin adoption, with millions using digital assets for everyday transactions, remittances, and inflation hedging. Bybit’s leadership expansion is designed to capitalize on this momentum by building local trust and infrastructure.
Under Mesri’s direction, the company will strengthen its suite of products — including Bybit Lite, Bybit Card, and Bybit Pay — to bridge the gap between crypto and daily financial activities.
“We are seeing stablecoins and digital assets become part of daily life in Latin America, especially in places where inflation and international payments remain difficult,” said Patricio Mesri. “My focus is to make sure people here can use these options safely, with platforms they can trust and understand. I want Bybit to become the simplest way for anyone in the region to connect to the global crypto economy — whether they’re saving, sending money abroad, or exploring new opportunities.”
The appointment also signals Bybit’s long-term investment in localized services, user education, and strategic partnerships that promote sustainable crypto growth across emerging economies.
Scaling Regional Operations and Strengthening Compliance
As part of its LATAM strategy, Bybit plans to expand its regional team by 40% over the next year, prioritizing local hiring in compliance, operations, and marketing. This expansion reflects Bybit’s focus on establishing a strong regulatory foundation while adapting to regional payment and banking frameworks.
Bybit’s growing product ecosystem — from retail solutions to institutional-grade services — will be integrated across local markets to ensure users have access to secure, easy-to-use financial tools. Mesri’s leadership will also guide new collaborations with local fintechs and regulators to advance pro-innovation frameworks for digital finance.
“At Bybit, we believe that sustainable adoption starts with trust,” added Mesri. “By partnering with regional stakeholders and regulators, we can help create an environment where crypto not only thrives but supports everyday people.”
Bybit’s Broader Mission in Latin America
Bybit’s regional expansion comes amid record adoption rates across LATAM, where crypto is increasingly seen as a financial necessity rather than speculation. The exchange’s goal is to empower communities through financial accessibility and education, combining its global liquidity strength with localized service delivery.
With Patricio Mesri’s leadership, Bybit aims to deepen partnerships with banks, payment providers, and policymakers to build a foundation for long-term, regulated growth. The appointment reflects the company’s broader ambition — not just to serve traders, but to shape the future of everyday digital finance in one of the world’s most dynamic regions.