News about REMITTANCES

News about Remittances

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

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

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

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

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

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

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

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

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

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

IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances

The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing...

Stellar’s network to facilitate remittances between Europe and Africa

Stellar, the blockchain network dedicated to facilitating cheap cross-border financial transactions, is set to enable two more remittance channels between Europe and Africa. According to an announcement released October 25, the Stellar Development Fo...

Stellar partners tap USDC for remittances between Europe and Africa

Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market. The Stellar Development Foundation (SDF) has announced...

Crypto remittances see adoption, but volatility may be a deal breaker

The path to mass cryptocurrency adoption passes through remittances, but it may not happen any time soon. Cryptocurrency adoption has been growing for a number of reas...

Novi launches USDP pilot allowing stablecoin remittances between US and Guatemala :O

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

XLM breaks out as Stellar makes strides in disrupting global remittances

submitted by /u/goost95 [link] [comments]

Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin

Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popu...

El Salvadorans are moving $2M in Remittances per Day using Bitcoin, making Western Union lose their Businesses Model

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

Exploring prospective use cases for the Blockchain: How On-Chain Value Flows Will Advance Remittances and make the entire process more seamless, instantaneous and transparent while addressing the flaws of their CeFi counterparts

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

Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed

According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as o...

Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’

The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country...

Western Union has a history of celebrating international migrants. As they care so much about migrants I'm sure they're delighted Bitcoin is massively reducing the cost of international remittances... I'm sure they'll thank Bitcoin in a tweet any day now.

submitted by /u/jam-hay [link] [comments]

Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be...

El Salvador’s Bitcoin adoption may transform remittances in Central America

Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender. The Central American Bank for Economic Integration (C...

Kenyan Remittances Surged by 20% in H1, North America and Europe-Based Diaspora Contribute Over 80%

According to the latest data from the Central Bank of Kenya (CBK), diaspora remittances inflows to the country surged to $1.75 billion in the first six months of 2021. This figure represents a nearly 20% increase from the $1.46 billion recorded in th...

Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says

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

"About a quarter of El Salvador’s citizens live in the US and last year, they sent home more than $6 billion in remittances."

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

Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender

Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U....

The vision of Nano - an instant, feeless and green crypto. (Micro)payments, remittances, donations, and a secure store of value for everyone.

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

Remittances to El Salvador in 2020 were $5.9b. Those who begin doing this with btc will pay nearly no fees. Bullish.

submitted by /u/shoorik17 [link] [comments]

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News about Remittances

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

Example of a propaganda hit piece. New lies about how remittances are impractical. New attempts to co-opt and obfuscate the term Gresham's Law, claiming ETF money is the good money driving out the bad. Expect more repetition of these points in coming medi

IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances

Stellar’s network to facilitate remittances between Europe and Africa

Stellar partners tap USDC for remittances between Europe and Africa

Crypto remittances see adoption, but volatility may be a deal breaker

Novi launches USDP pilot allowing stablecoin remittances between US and Guatemala :O

XLM breaks out as Stellar makes strides in disrupting global remittances

Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin

El Salvadorans are moving $2M in Remittances per Day using Bitcoin, making Western Union lose their Businesses Model

Exploring prospective use cases for the Blockchain: How On-Chain Value Flows Will Advance Remittances and make the entire process more seamless, instantaneous and transparent while addressing the flaws of their CeFi counterparts

Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed

Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’

Western Union has a history of celebrating international migrants. As they care so much about migrants I'm sure they're delighted Bitcoin is massively reducing the cost of international remittances... I'm sure they'll thank Bitcoin in a tweet any day now.

Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

El Salvador’s Bitcoin adoption may transform remittances in Central America

Kenyan Remittances Surged by 20% in H1, North America and Europe-Based Diaspora Contribute Over 80%

Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says

"About a quarter of El Salvador’s citizens live in the US and last year, they sent home more than $6 billion in remittances."

Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender

The vision of Nano - an instant, feeless and green crypto. (Micro)payments, remittances, donations, and a secure store of value for everyone.

Remittances to El Salvador in 2020 were $5.9b. Those who begin doing this with btc will pay nearly no fees. Bullish.

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