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One company handles 5% of remittances between the U.S. and Mexico, all using stablecoins. @felixpago represents a new generation of fintechs using stablecoins to move money faster, cheaper, & across borders. “Companies starting today just go stablecoin-first.” @dwr on @MTSlive
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NEW: @WesternUnion LAUNCHES STABLECARD - POWERED BY @raincards REMITTANCES ARRIVE AS $USDPT STABLECOIN (ISSUED BY @Anchorage ON @solana) AND CAN BE SPENT INSTANTLY VIA APP + VISA CARDS LIVE IN 37 MARKETS, EXPANDING TO 60+ BY END-2026
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237M+ people, $22B+ in remittances🇳🇬 Millions of Nigerian creators and freelancers work for the world. You can probably guess where we’re looking next👀
Money-transfer startup Felix Pago raised $200 million to expand beyond remittances and offer services such as lending and savings to Latin American immigrants in the US
Now live: $ALIGN @alignedlayer is used by teams to launch remittances, neobanks, stablecoin payment rails, and digital identity systems. $ALIGN is the native token of the Aligned ecosystem. Start trading today →
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"People lose an enormous amount of money to FX and remittances, and that money is captured by intermediaries." 🎥: @nickducoff, Head of Institutional Growth at @solana Foundation, on the mission to make payments faster and cheaper:
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Trillions are locked in prefunding to support global remittances and cross-border payments. Huma and @arf_one unlock that by enabling licensed payment providers and trade finance platforms to access instant stablecoin liquidity. This is PayFi on @Solana.
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Tether Invests in LemFi to Promote Stablecoin-Powered Remittances Across Emerging Markets Learn more:
"His county collected $3.4 million in tax remittances in 2024, and it cost his constituents $70,000 in credit card processing fees for the privilege of paying their tax bill." @wyoapollo, Executive Director @wyostable on why Wyoming is moving to stablecoin rails
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Stablecoins are quietly becoming the preferred medium for cross-border trade and remittances. 💦