Cryptocurrency Remittance Solution Introduced in Latin America by Island Pay and Circle

Publikováno: 26.7.2023

Island Pay, a fintech company based in the Bahamas, has launched a crypto remittance solution to address the extreme high costs associated with traditional cross border payment systems, Bloomberg reported.
The fintech firm has announced a digital wallet called "CiNKO," for users in Latin America and the Caribbean.
To offer a practical alternative payment solution, CiNKO will rely on Circle's USDC stablecoin as its primary currency. ...
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