Ria Money Transfer, one of the world's biggest remittance firms, has joined Ripple's blockchain-based payments network.
Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is pulling out of the project.
The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.
Barclays' accelerator program, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP.
Remittance firms UAE Exchange and Unimoni now offer blockchain-based payments to Thailand using RippleNet.
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.
The Philippines may not be the crypto capital of the world – but it may be where infrastructure building runs the deepest.
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
Social media giant Facebook is reportedly working to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.