Latest News and Articles about Remittances

Filipino Banks Launch PHPX Stablecoin on Hedera DLT for Remittance Revolution

12 January 2025 Daily Feed Filipino Banks, Hedera DLT, PHPX, Remittances

Filipino Banks Launch PHPX Stablecoin on Hedera DLT to Revolutionize Remittances Four Filipino banks are set to launch PHPX, a multi-bank peso stablecoin, on the Hedera Distributed Ledger Technology (DLT) network later this year. Initiated by JUST Finance, this innovative stablecoin aims to improve cross-border payments and remittances, offering Filipinos abroad more control over their […]

Stablecoins Revolutionize Cross-Border Remittances, Outpacing Traditional Apps

8 January 2025 Daily Feed Cross-Border Payments, Crypto-Friendly Countries, Remittances, Stablecoins

Stablecoins Surge as the New Frontier for Cross-Border Remittances In 2024, the financial landscape saw a significant shift as traditional remittance apps experienced a decline in usage, while stablecoins reached unprecedented heights, revolutionizing the cross-border payment sector. This transition, driven by the efficiency and lower costs of stablecoins, marks a pivotal moment in the quest […]