Revolut customers in the UK and non-European Union EEA countries can do crypto remittances in USDC, USDT, and POL.
The success of stablecoins isn’t about speculation but about efficient utility — they are quietly becoming the most-used form of digital currency around the world, writes CoinFund’s David Pakman.
Actualizing blockchain's full potential requires intentional design for both audiences, Stellar Development Foundation CEO Denelle Dixon says.
SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app
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.
Stablecoin rails cut payment processing time to minutes from a few days on traditional SWIFT rails, the companies said.
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.
The app currently has 500,000 monthly actively users.
Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview.
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.
Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin.