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Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments
21.5.2025
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 National mobile app Zigi
Ripple Approved in UAE to Enter $400B Trade and $40B Remittance Markets
3.5.2025
Ripple secures first DFSA license for blockchain payments in the UAE, opening access to a $400B trade hub with regulated cross-border services and RLUSD stablecoin. Ripple Targets $400B UAE Trade Hub With Fully Regulated Cross-Border Payments Ripple shared insights on May 1, highlighting a major...
Stablecoin Giant Circle Is Launching a New Payments and Remittance Network
21.4.2025
Circle is unveiling a new payments and cross border remittance product on Tuesday, from the firm’s One World Trade Center headquarters, according to an invite to the launch event
Circle, Binance join forces for global stablecoin expansion
11.12.2024
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships
Circle, Binance join forces for global stablecoin expansion
11.12.2024
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships
Circle, Binance join forces for global stablecoin expansion
10.12.2024
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
5.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...
Thailand's oldest bank announces stablecoin remittance services
16.10.2024
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country
Thailand’s oldest bank announces stablecoin remittance services
16.10.2024
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
21.9.2024
President Bukele visits Tesla to discuss the future of AI, Bitcoin, and El Salvador's emerging role in tech innovation with Elon Musk
Stables Money onboards Coins.ph's Philippine peso stablecoin
29.8.2024
Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
17.8.2024
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market...
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week
Chinese Firms Can Now Make Digital Yuan Housing Fund Payments
4.12.2023
Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications. Per the Guangzhou Daily (via the Guangzhou government’s website), the Guangzhou Housing Provident Fund Management Center has “launched digital yuan remittance...
Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa
14.11.2023
Ripple and the Africa-focused payment fintech startup Onafriq recently said they are collaborating to enable crypto-based cross-border payments between Africa and the Gulf Cooperation Council (GCC), the U.K., and Australia. Using Ripple’s platform helps Onafriq achieve its goal of making...
Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries
6.9.2023
SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.
The company’s expansion to Southeast Asian markets aims...
SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines
6.9.2023
SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries
Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile
4.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance...