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Nasdaq-Listed SoFi Taps Bitcoin Lightning for Remittances
20.8.2025
Plus: Bitlayer Enters Solana with YBTC, Valantis Acquires stHYPE, and Hyperbeat Secures $5.2M In Seed Round
Sofi Partners With Lightspark to Launch Lightning-Enabled International Money Transfers
20.8.2025
Sofi (NASDAQ: SOFI) has announced the launch of its international money transfer service, allowing members to send funds abroad directly from the Sofi app with lower fees and faster delivery than traditional remittance providers. The service will utilize technology from Lightspark, which leverages...
SoFi Taps Bitcoin Lightning Network for Global Remittances With Lightspark
19.8.2025
SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app
Western Union Seals $500M Intermex Deal to Command Americas Money Transfer Race
12.8.2025
Western Union is set to expand its global reach with a $500 million Intermex acquisition, adding Intermex’s Ripple partnership to its arsenal of cross-border payment capabilities. Western Union Accelerates Global Expansion with Intermex Acquisition Western Union (NYSE: WU) and International Money...
SoFi to Launch Blockchain Remittances With Stablecoins as Crypto Returns to Platform
25.6.2025
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
Bitcoin Beaten: Stablecoins Shine as Wartime Remittance Tools
19.6.2025
Marshall Long, an OG bitcoiner, recounted how he had to resort to stablecoins to send a remittance to a worker’s family in Iran. Long noted that stablecoins, rather than bitcoin, are more useful during times of strenuous conflict due to the availability of fiat ramps. Stablecoins, Not Bitcoin...
Cryptocurrency Remittances Spike 40% in Latin America
15.6.2025
According to a report by Chainalysis and AUSTRAC, cryptocurrency rails for remittances are booming in Latam. This use case, which previously struggled to gain momentum, is currently experiencing significant growth, with volumes increasing by over 40% in 2024 and the potential for further growth...
Crypto Remittances Fell Nearly 45% in El Salvador
14.6.2025
Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing...
Conduit, Braza Group Debut Stablecoin Forex Swaps for Cross-Border Payments in Brazil
12.6.2025
Stablecoin rails cut payment processing time to minutes from a few days on traditional SWIFT rails, the companies said
PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
11.6.2025
PayPal USD (PYUSD) plans to use Stellar for new payments and remittance use cases, as well as bringing PayFi options to millions of users and merchants
Largest Bank in Guatemala Turns to Crypto for Remittances
24.5.2025
Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power its remittance services. Using Sukupay, Banco Industrial now offers its customers remittances at a flat fee of $0.99, allowing them to receive these...
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
Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto
18.5.2025
If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...
BIS Study Shows Low-Value Bitcoin Transfers Reshape Remittances Amid High Traditional Costs
10.5.2025
A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $2.6 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks. High Inflation Spurs Bitcoin and Stablecoin Adoption in Emerging Markets, BIS Research Reveals...
Circle and Near Invest $14M in Remittances App for Indian Diaspora
27.3.2025
The app currently has 500,000 monthly actively users
Ripple, Chipper Cash partner for faster and cheaper African remittances
27.3.2025
Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments.According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the partnership...
Pakistan to Explore Blockchain for Multibillion Dollar Remittances From Abroad: Adviser
10.3.2025
Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview
Crypto Remittances Fail to Gain Momentum in El Salvador
6.2.2025
According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto remittances, one of the main use cases for promoting...
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
30.1.2025
Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem
Philippine banks collaborate to launch PHPX stablecoin on Hedera
10.1.2025
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions