Remittances


Markets

Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines

It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.

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Finance

Ex-PayPal Execs Launch Cross-Border Payments Network on Algorand

Six Clovers is using regulated stablecoins like USDC.

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Finance

Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain

Customers of BankDhofar will be able to use its mobile app to send real-time payments to IndusInd accounts.

Omani Riyals

Finance

Stellar Foundation Invests $15M in AirTM to Boost Financial Services in Latin America

The investment extends the Stellar network's reach into Latin America and aims to improve digital payments across the region.

Mexico City

Finance

Egypt's Largest Bank Joins Ripple Network for Cross-Border Payments

Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Cairo, Egypt

Markets

SBI Ripple Asia Launches Cambodia's First Cross-Border Remittance Service Using Blockchain

The service uses RippleNet to create a payments corridor between banks in Cambodia and Vietnam.

Phnom Penh, Cambodia

Finance

Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin

The Nigeria-born Toronto FC forward sends some of his bitcoin home to help his family avoid surging inflation rates in Africa’s largest economy.

MLS player Ifunanyachi Achara,

Markets

Stellar Development Foundation Invests $750K in Nigeria Remittance Platform

The investment, made through SDF's Enterprise Fund, will provide Cowrie with resources to continue expanding its operations in emerging markets, including Africa.

Nigerian naira banknotes

Policy

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Nigerian naira banknotes

Finance

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

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