News about REMITTANCE

News about Remittance

Wealthy Indians Trade Bitcoin ETFs Using Local Remittance Quotas - Bloomberg

Wealthy Indians Trade Bitcoin ETFs Using Local Remittance Quotas& & Bloomberg

Scoring A Win: Mastercard Endorses Ripple For Global Remittances – A Boost For XRP?

Financial services giant Mastercard has given a significant nod to Ripple, a crypto-focused company, in a recent report exploring the future of remittances in Latin America. The report highlights the challenges of traditional remittance services and...

Remittance and Privacy on Ethereum

I notice they are some projects like Daimo and GetClave who are trying to build a seamless UX for onchain mobile payment. Coinbase is trying to incentivize remittance activity with free transfer of USDC on Base. Yet all of them are built on public bl...

Bitcoin remittances

I’m looking more into some of the struggles that Salvadorians are facing when adopting bitcoin. Specifically, salvadorian vendors accepting bitcoin as payment, or receiving remittances via bitcoin. What are some hurdles in making this more widespread...

Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding

An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Ba...

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

submitted by /u/fap_fap_fap_fapper [link] [comments]

Crypto remittances offer cheaper alternative, but still face challenges to adoption

Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods....

If SBI Bank Is Using XRP For International Remittances, Then Why Isn't The Price Going Up?

According to the website of the bank (Google translated from the original Japanese): "We are pleased to announce that...we will gradually start providing international remittance services using the crypto asset XRP to bank accounts in the Philip...

Circle Targets Cross-Border Remittances in the Philippines in Partnership with Coins.ph

Circle Internet Financial (Circle), a stablecoin issuer, has partnered with Coins.ph, a cryptocurrency exchange based in the Philippines, to promote USDC-denominated remittances. According to a statement released by the company, the service aims to...

Circle and Coins.ph partner for USDC remittances in the Philippines

Coins.ph and Circle say the partnership aims at improving the remittance landscape in the Philippines. The companies target cheap and near-instant remittances enabled by the USDC stablecoin. Philippine fintech company Coins.ph and Circle, the issue...

Bitcoin's rising role in international remittances, survey reveals By ... - Investing.com

Bitcoin's rising role in international remittances, survey reveals By ...& & Investing.com

87% Bitcoin holders regularly send or receive cross-border remittances: Survey - Business Today

87% Bitcoin holders regularly send or receive cross-border remittances: Survey& & Business Today

Using btc for remittances in Venezuela, Peru, etc.

Hi everyone, Wondering if anyone can share tips on how to effectively use BTC as a remittance payment to South America (Venezuela, Peru, etc). More specifically, how would a Venezuelan citizen effectively use btc to purchase groceries, etc? It’s my u...

SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines

SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries. Japanese financial holding compa...

SBI Remit Expands Ripple XRP Based Remittance Services

SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets. (Read More)

Japanese Financial Giant Goes Big On Ripple With XRP-Based Remittance Service

SBI Remit Co., Ltd., a key player in the international money transfer service sector under the SBI Group umbrella, has announced a significant expansion in its partnership with Ripple and SBI Ripple Asia. This collaboration will see the introduction...

Binance Launches ‘Send Cash’ Remittance Services in Latam

Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank a...

Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round

An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Midd...

Paxos Report: Is Blockchain The Next Step For Global Remittances?

The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan....

Relying On Remittances And Left Unbanked, The Philippines Needs Bitcoin’s Lightning Network

This is an opinion editorial by Ethan Rose, the founder and CEO of Bitcoin Lightning Network payments provider Pouch.ph.Recently, Binance, the world’s biggest cryptocurrency exchange, successfully implemented Bitcoin’s Lightning Network to enhance th...

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