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Remittances
Bitso Processed $1B in Crypto Remittances Between Mexico and the US so far in 2022
The company hopes to capture 10% of global money transfers to the Latin American country by 2023, up from 4% earlier this year.
Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
The country’s multibillion-dollar remittances business and difficulties in transferring money create a “unique opportunity," the company said.
Mexican Remittances Are the Continent’s Largest; Crypto Companies Want a Cut
Bitso, Coinbase and Circle have launched new services tapping into the steady money flow between Mexico and the United States, and taking on established players like Western Union. This piece is part of CoinDesk's Payments Week.
You Would Understand Bitcoin if You Were Under Cuba’s Embargo
More than 60 banks and fintechs rejected me just for my nationality. Bitcoin fixes that.
Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union, Analyst Says
BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.
EU-Thailand Remittance Corridor Opened on Stellar Blockchain
Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.
Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand
Ripple is focusing on Asia, which the company has said is its fastest-growing market.
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.
Ex-PayPal Execs Launch Cross-Border Payments Network on Algorand
Six Clovers is using regulated stablecoins like USDC.
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.
