Remittances
Revolut Enlists Polygon for Stablecoin Remittances in UK and EEA
Revolut customers in the UK and non-European Union EEA countries can do crypto remittances in USDC, USDT, and POL.
The Banks and the Unbanked: Blockchain’s Biggest Beneficiaries Sit at Both Ends of the Financial Spectrum
Actualizing blockchain's full potential requires intentional design for both audiences, Stellar Development Foundation CEO Denelle Dixon says.
SoFi Taps Bitcoin Lightning Network for Global Remittances With Lightspark
SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app
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.
Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments
SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their Banco Industrial mobile app Zigi.
Circle and Near Invest $14M in Remittances App for Indian Diaspora
The app currently has 500,000 monthly actively users.
Pakistan to Explore Blockchain for Multibillion Dollar Remittances From Abroad: Adviser
Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview.
The Future Is Open Finance
Web3 will be the vehicle for true financial access and independence, Aptos Labs CEO Mo Shaikh and FinTech Director at the Milken Institute Nicole Valentine write.
Jack Mallers' Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
The new Lightning-based service gives foreign workers a new way to send their pay back home quickly and cheaply. That’s why Send Globally is one of CoinDesk’s Projects to Watch 2023.
Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global
The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies.
