EU-Thailand Remittance Corridor Opened on Stellar Blockchain

Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.

News  ·  11 August 2021

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.

News  ·  11 August 2021

Ex-PayPal Execs Launch Cross-Border Payments Network on Algorand

Six Clovers is using regulated stablecoins like USDC.

Business  ·  15 June 2021

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.

Business  ·  26 May 2021

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.

Business  ·  25 May 2021

Egypt’s Largest Bank Joins Ripple Network for Cross-Border Payments

Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Business  ·  19 May 2021

SBI Ripple Asia Launches Cambodia’s First Cross-Border Remittance Service Using Blockchain

The service uses RippleNet to create a payments corridor between banks in Cambodia and Vietnam.

News  ·  7 May 2021

Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin

The Nigeria-born Toronto FC forward sends some of his bitcoin home to help his family avoid surging inflation rates in Africa’s largest economy.

Business  ·  3 May 2021

Stellar Development Foundation Invests $750K in Nigeria Remittance Platform

The investment, made through SDF's Enterprise Fund, will provide Cowrie with resources to continue expanding its operations in emerging markets, including Africa.

News  ·  17 March 2021

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Policy & regulation  ·  10 March 2021

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Business  ·  15 January 2021
Latin America

Crypto Remittances Prove Their Worth in Latin America

Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.

Markets  ·  9 December 2020

Western Union Suspends US Dollar Transfers to Cuba

The move follows the latest sanction from the Trump administration.

Policy & regulation  ·  17 November 2020

Ripple Affiliate Joins New Remittance Network Reaching Unbanked Filipinos

The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.

Business  ·  23 June 2020

How Bitcoin Fits Into Lebanon’s Banking Crisis

Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent.

Business  ·  5 June 2020