[ad_2][ad_1] Source: Wit Olszweski – Shutterstock FXCoin with Ripple partner, SBI and others will launch an XRP-based product to reduce volatility when sending remittances. The XRP-based solution will enter a pilot phase at the end of November. If successful it will be adopted by FXCoin partners. A new adoption of …
Read More »Venezuela will incorporate Bitcoin and Litecoin wallets into the domestic remittances platform
[ad_2][ad_1] Venezuela says it will incorporate bitcoin and litecoin wallets into Patria’s cryptocurrency remittance platform. In an update, the country’s authorities say this move will allow Venezuelan citizens to formally receive remittances in the form of cryptocurrency. Many Venezuela-affected hyperinflation citizens already use bitcoin as a store of value and …
Read More »Cubans are turning to Bitcoin remittances with a 25% fee to defeat the blockade
[ad_2][ad_1] Source: Adobe / Vladimir Wrangel Desperate Cubans are going to great lengths to receive remittances from abroad to bypass the country’s banking blockade, turning to bitcoin (BTC), middlemen who take commissions up to 25% and bicycle deliveries as economic sanctions continue to bite. These are the results of a …
Read More »Ripple Showcases the Differences With SWIFT and Pushes for Real-Time XRP Payment Remittances
[ad_2][ad_1] Ripple, one of the most popular cryptocurrency platforms in the market has shared the differences that it has with SWIFT, the most used global payment network for international transfers. SWIFT messaging system at the moment. There are more than 11,000 firms using it in different countries. Ripple sales director, …
Read More »Ripple (XRP) revolutionises the analysis of the news and prices of the market of remittances of 30 billion US dollars largest market of corrugations (XRP)
[ad_2][ad_1] Ripple (XRP) has become one of the greatest hopes for the bright future of the encrypted market. It not only fuels some of the revolutionary products created by the Ripple Labs company, but also continues to draw attention to cryptography due to large amounts of exposure. The significant growth …
Read More »New system of remittances to deal with cryptic volatility when international payments are made
[ad_1] A Japanese fintech company has unveiled a system designed to address the price volatility observed when cryptocurrencies are used for remittances. Atom Solutions says that, at the moment, the options for foreign workers who have to make remittances abroad are imperfect. While costs can be high when they try …
Read More »SendFriend payments coming in this quarter to use XRP for remittances
[ad_2][ad_1] SendFriend will use XRP for cross-border remittances to the Philippine market. The consumer payment platform started working with Ripple a short time ago. At the same time, SendFriend is supported by MIT Media Lab, Barclays, Mastercard and Ripple. SendFriend starts working with Ripple and XRP The CEO and founder …
Read More »Facebook to develop their Stablecoin for remittances: Report
[ad_1] Reportedly, the social media giant Facebook is trying to develop its own stablecoin for money transfers. Citing anonymous sources that are familiar with the plan, a Bloomberg report on Friday said the company will initially focus on the Indian market to allow users to transfer money via a fixed-rate …
Read More »Pakistani Bank Teams with Alipay for Blockchain remittances
[ad_2][ad_1] The Telenor Microfinance Bank, a subsidiary of the Norwegian telecommunications multinational Telenor Group, based in Pakistan, has launched cross-border payments using the blockchain technology of the Alipay payment company. Claiming it as the first international remittance service based on the blockchain in Pakistan, the bank announced on Tuesday that …
Read More »Facebook is developing a strategy to feed remittances on Whatsapp
[ad_1] The news coming to Ethereum World News indicates that Facebook is developing a stablecoin to allow users to transfer money to their messaging app WhatsApp (Whatsapp was acquired by Facebook in 2014). The Facebook team will initially focus on the market in India with this new concept and service. …
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