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Remittances

Mexico's flag (Alexander Schimmeck/Unsplash)
Finance
Tether
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)
By Andrés Engler
May 26, 2022 at 3:49 p.m. UTC
May 26, 2022
TetherMexicoStablecoinsStablecoinRemittances
(Jezael Melgoza/Unsplash)
Consensus Magazine (layer2)
Payments-week-22
Mexican Remittances Are the Continent’s Largest; Crypto Companies Want a Cut
Bitso, Coinbase and Circle have launched new services tapping into the steady money flow between Mexico and the United States, and taking on established players like Western U...
(Jezael Melgoza/Unsplash)
By Daniela Dib
Apr 27, 2022 at 6:40 p.m. UTC
Apr 27, 2022
payments-week-22MexicoRemittancescryptocurrency payments
Havana, Cuba (Spencer Everett/Unsplash)
Finance
Cuba
You Would Understand Bitcoin if You Were Under Cuba’s Embargo
More than 60 banks and fintechs rejected me just for my nationality. Bitcoin fixes that.
Havana, Cuba (Spencer Everett/Unsplash)
By Erich García Cruz
Mar 8, 2022 at 6:34 p.m. UTC
Mar 8, 2022
CubaUnited StatesBitcoinCryptoRemittancesWestern UnionOpinion
CoinDesk placeholder image
Finance
Western union
Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union, Analyst Says
BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.
CoinDesk placeholder image
By Michael Bellusci
Oct 20, 2021 at 9:54 p.m. UTC
Oct 20, 2021
Western UnionBTIGRemittancesCross-Border Payments
Bangkok
Markets
Thailand
EU-Thailand Remittance Corridor Opened on Stellar Blockchain
Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.
Bangkok
By Jamie Crawley
Aug 11, 2021 at 9:56 a.m. UTC
Aug 11, 2021
ThailandRemittancesStellarEuropean Unioncross border transactions
shutterstock_1010604754
Markets
Ripple
Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand
Ripple is focusing on Asia, which the company has said is its fastest-growing market.
shutterstock_1010604754
By Sebastian Sinclair
Aug 11, 2021 at 6:20 a.m. UTC
Aug 11, 2021
RipplepaymentsThailandAsiaSouth KoreaRemittancesRippleNet
shutterstock_1010604754
Markets
Ripple
Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines
It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.
shutterstock_1010604754
By Sebastian Sinclair
Jul 28, 2021 at 7:01 a.m. UTC
Jul 28, 2021
RippleJapanPhilippinesRemittancesXRP
waldemar-brandt-aHZF4sz0YNw-unsplash
Finance
Remittances
Ex-PayPal Execs Launch Cross-Border Payments Network on Algorand
Six Clovers is using regulated stablecoins like USDC.
waldemar-brandt-aHZF4sz0YNw-unsplash
By Helene Braun
Jun 15, 2021 at 1:10 p.m. UTC
Jun 15, 2021
RemittancesCross-Border PaymentsAlgorandSix Clovers
Omani Riyals
Finance
Ripple
Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain
Customers of BankDhofar will be able to use its mobile app to send real-time payments to IndusInd accounts.
Omani Riyals
By Jamie Crawley
May 26, 2021 at 8:55 a.m. UTC
May 26, 2021
RippleRemittancesIndiaOman
Mexico City
Finance
Payments
Stellar Foundation Invests $15M in AirTM to Boost Financial Services in Latin America
The investment extends the Stellar network's reach into Latin America and aims to improve digital payments across the region.
Mexico City
By Daniel Palmer
May 25, 2021 at 1:34 p.m. UTC
May 25, 2021
paymentsRemittancesStellarAirTMStellar Development Foundation