Remittances

(Rachel Sun/CoinDesk)
Jack Mallers' Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
The new Lightning-based service gives foreign workers a new way to send their pay back home quickly and cheaply. That’s why Send Globally is one of CoinDesk’s Projects to Watc...
(Rachel Sun/CoinDesk)

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Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global
The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies.
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Volatility won't affect the new service in Colombia, according to a Bitso executive. (Flavia Carpio/Unsplash)
Latin American Exchange Bitso Brings Crypto Remittance Service to Colombia
The company launched a similar business in Mexico in 2021.
Volatility won't affect the new service in Colombia, according to a Bitso executive. (Flavia Carpio/Unsplash)

Ripple CEO Brad Garlinghouse (right) and Circle CEO Jeremy Allaire spoke on a panel about remittances at the World Economic Forum's media village. (Nikhilesh De/CoinDesk)
At Davos, Crypto Is No Longer on the Outside
Cryptocurrencies have taken a prominent role at the World Economic Forum’s annual meeting in Davos, despite the mainstream finance world’s apparent contempt for the sector.
Ripple CEO Brad Garlinghouse (right) and Circle CEO Jeremy Allaire spoke on a panel about remittances at the World Economic Forum's media village. (Nikhilesh De/CoinDesk)

A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Finds
“Most users who used Chivo after spending the $30 bonus do not engage with the app intensively,” the U.S. National Bureau of Economic Research reported.
A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)

How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan’s conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang...
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins

(Alistair MacRobert/Unsplash)
Should Western Union Worry About Stablecoins?
For now, stablecoins are used mostly in the speculative crypto economy. Will that change?
(Alistair MacRobert/Unsplash)

El Salvador’s Bitcoin Law and Impact on Remittances
El Salvador’s Bitcoin Law and Impact on Remittances
El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “...
El Salvador’s Bitcoin Law and Impact on Remittances

Bangkok, Thailand
Thai Remittance Platform Starts Processing Ripple Payments
DeeMoney has become the first non-banking institution to use RippleNet in Thailand.
Bangkok, Thailand

Manilla Bay, Philippines.
Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.
Manilla Bay, Philippines.