Remittances News

Blockchain's rigidity limits Web3. Web3's scalability and future lie beyond traditional blockchains. Expect a shift toward flexible, verifiable systems prioritizing efficiency over rigid total ordering

"Invisible" crypto infrastructure provider SukuPay is now integrated into Guatemala's biggest banking provider, Banco Industrial.

Banks are rapidly pivoting away from past practices of shunning crypto businesses to consider upgrading their payments infrastructure using stablecoins, eyeing them as the next frontier for payment innovation.

Speculative activity remains closely tied to global funding rates, highlighting crypto’s growing “interconnectedness” with traditional finance, a BIS report claimed.

Across Protocol, Crossmint, Validation Cloud, Abound, Scytale Digital, Chronicle, Halliday and Level USD announced funding rounds in March.

Ripple has partnered with Chipper Cash to integrate Ripple Payments into its cross-border transaction system.

The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or 119% of those by Visa and 200% of Mastercard.

Stablecoin use in emerging markets soars despite the absence of crypto-friendly regulations and basic banking infrastructure. Will the US catch up to this trend?

Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.

The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.

Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how.

MoneyGram’s services have been offline since Sept. 20, with the firm confirming three days later that the outage was due to a cybersecurity incident.

Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.

Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.

Blockchain and crypto have a place in a partnered remittance ecosystem in Latin America, the financial services giant found.