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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
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
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
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
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
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
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
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
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
Crypto Remittances Grow In El Salvador Reaching 1% Share
24.12.2024
The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all...
Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
4.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances...
Brazilian Central Bank Considers Taxing Stablecoin Remittances
31.10.2024
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based...
MoneyGram admits ‘cybersecurity issue’ behind dayslong outage
25.9.2024
MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later