KuCoin Pay adds crypto QR payments in Argentina and Peru

The cryptocurrency exchange KuCoin has expanded its digital payment service, KuCoin Pay, into Argentina and Peru, integrating cryptocurrencies directly into the countries' dominant QR code payment networks. The move, announced on June 22, 2026, aims to bridge digital assets with everyday consumer spending in two of Latin America's most active mobile payment markets.

In Argentina, KuCoin Pay now connects to the government-regulated Transferencias 3.0 network, a system that mandates interoperable QR codes. This allows users to scan a single merchant code and pay using a variety of digital wallets, including the widely used Mercado Pago, but now with cryptocurrency as an option. In Peru, the service integrates with the popular mobile payment applications Yape and Plin, which are extensively used for retail and peer-to-peer transactions.

The system is designed for simplicity. A user scans a merchant's existing QR code through the KuCoin Pay app. The platform's backend then automatically routes and converts the payment from a supported cryptocurrency or dollar-pegged stablecoin into local currency during the transaction. The company states this process uses off-chain settlement,...