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Category remittances

MainNewsremittances
Bitcoin Beaten: Stablecoins Shine as Wartime Remittance Tools

Bitcoin Beaten: Stablecoins Shine as Wartime Remittance Tools

Marshall Long, an OG bitcoiner, recounted how he had to resort to stablecoins to send a remittance to a worker’s family in Iran. Long noted that st...
Cryptocurrency Remittances Spike 40% in Latin America

Cryptocurrency Remittances Spike 40% in Latin America

According to a report by Chainalysis and AUSTRAC, cryptocurrency rails for remittances are booming in Latam. This use case, which previously strugg...
Crypto Remittances Fell Nearly 45% in El Salvador

Crypto Remittances Fell Nearly 45% in El Salvador

Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of ...
Conduit, Braza Group Debut Stablecoin Forex Swaps for Cross-Border Payments in Brazil

Conduit, Braza Group Debut Stablecoin Forex Swaps for Cross-Border Payments in Brazil

Stablecoin rails cut payment processing time to minutes from a few days on traditional SWIFT rails, the companies said.
Largest Bank in Guatemala Turns to Crypto for Remittances

Largest Bank in Guatemala Turns to Crypto for Remittances

Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power i...