Markets
Поделиться этой статьей

EU-Thailand Remittance Corridor Opened on Stellar Blockchain

Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.

Автор Jamie Crawley
Обновлено 14 сент. 2021 г., 1:38 p.m. Опубликовано 11 авг. 2021 г., 9:56 a.m. 1 min readПереведено ИИ
Bangkok
Bangkok

A remittance corridor has been opened between the 27 European Union (EU) countries and Thailand on the Stellar blockchain.

  • Velo Labs, which is building a global settlement network, has partnered with TEMPO Payments, the EU anchor for Stellar blockchain payments, and Thai crypto trading platform Bitazza to enable the transactions.
  • Transactions will leverage Velo's protocol and native VELO token and be settled in seconds on the Stellar blockchain, according to an announcement Wednesday.
  • The remittance market between the EU and Thailand connects 600 million customers and is worth around $17 billion, Velo said.

Read more: SBI Ripple Asia Launches Cambodia’s First Cross-Border Remittance Service Using Blockchain

ThailandRemittancesStellarEuropean Unioncross border transactions

Meer voor jou

Crypto trader sees Hyperliquid, AI tokens leading next altcoin rally

Door AI Boost|Bewerkt door Jennifer Sanasie
1 uur geleden
Michael Van de Poppe

Hyperliquid’s surge and renewed interest in AI-focused crypto projects are signaling a broader return of risk appetite in altcoins, says Michael van de Poppe.

Lees volledig verhaal