Remittances

CFX Labs' payment network, MoveMoney (CFX Labs)
Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.
CFX Labs' payment network, MoveMoney (CFX Labs)

(Jesse Hamilton/CoinDesk)
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
(Jesse Hamilton/CoinDesk)

(Flickr)
Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market
Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.
(Flickr)

(Yulia Reznikov/Getty Images)
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., U.K., EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies a...
(Yulia Reznikov/Getty Images)

(Pawel Gaul/Getty Images)
Strike Expands Lightning Network-Powered Remittances to Philippines
The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Networ...
(Pawel Gaul/Getty Images)

Mary-Catherine Lader, Uniswap Labs  (Kelly Sullivan/Getty Images for TechCrunch)
Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem
A paper by researchers at the digital-assets firms says DeFi and blockchain technology could also reduce cross-border remittances costs by $30 billion a year.
Mary-Catherine Lader, Uniswap Labs  (Kelly Sullivan/Getty Images for TechCrunch)

Japan is pressing ahead with new anti-money-laundering rules for crypto. (Kutay Tanir/Getty)
Japan Greenlights Tougher Anti-Money-Laundering Rules for Crypto
A cabinet decision to revise six foreign-exchange laws closely follows a government plan to introduce new rules for remittances, all aimed at tightening AML measures for crypt...
Japan is pressing ahead with new anti-money-laundering rules for crypto. (Kutay Tanir/Getty)

(Unsplash)
Japan to Toughen Remittance Rules to Fight Money Laundering Using Crypto: Report
The new rules would require crypto exchange operators to share customer information when assets are transferred between platforms.
(Unsplash)

(Jorge Aguilar/Unsplash)
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.
(Jorge Aguilar/Unsplash)

Mexico's flag (Alexander Schimmeck/Unsplash)
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.
Mexico's flag (Alexander Schimmeck/Unsplash)