Remittances


CoinDesk Indices

Stablecoins Will Be Bigger Than Bitcoin

The success of stablecoins isn’t about speculation but about efficient utility — they are quietly becoming the most-used form of digital currency around the world, writes CoinFund’s David Pakman.

Running through tunnel

Finance

SoFi to Launch Blockchain Remittances With Stablecoins as Crypto Returns to Platform

The move comes as the CEO shared plans to re-enter the crypto business under the Trump administration after having exiting digital asset services in 2023.

SoFi (Shutterstock)

Policy

Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance markets.

The Philippines plans on issuing a wholesale CBDC (Alexes Gerard/Unsplash)

Opinion

What Does Ripple’s Stablecoin Mean for XRP?

XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?

Ripple CEO Brad Garlinghouse (Scott Moore/Shutterstock/CoinDesk)

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Finance

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

CFX Labs' payment network, MoveMoney (CFX Labs)

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Ripple (Jesse Hamilton/CoinDesk)

Finance

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)

Tech

Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network

The service is currently available in the U.S., U.K., EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”

(Yulia Reznikov/Getty Images)

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Tech

Strike Expands Lightning Network-Powered Remittances to Philippines

The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Network, to make the international payments faster and cheaper than available in the traditional financial system.

(Pawel Gaul/Getty Images)

Policy

Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem

A paper by researchers at the digital-assets firms says DeFi and blockchain technology could also reduce cross-border remittances costs by $30 billion a year.

Mary-Catherine Lader, COO, Uniswap Labs  (Kelly Sullivan/Getty Images for TechCrunch)