Remittances

SBI Holdings Boosts XRP Ledger Research to Improve Japan–Korea Remittances

SBI Holdings has launched XRP Ledger research with DSRV to strengthen Japan–Korea remittance rails and pursue cross-border regulatory harmonization. The collaboration aims to improve settlement efficiency and regulatory alignment for regional payments.

Ripple Executive Marks $100B Payment Volume Milestone

Ripple says it has surpassed $100 billion in total payment volume, a milestone highlighted by company executives as evidence of growing fintech traction. The firm frames the figure as validation of its payment products and potential liquidity use cases for XRP.

Published at 2026-03-10 06:30:12
Ripple Says It's 'Extremely Bullish' on Turkey's Market

A Ripple senior executive said on Feb. 27, 2026 that the company is "extremely bullish" on Turkey, identifying the country as a key growth market. The remark highlights Ripple's focus on expanding payments and cross-border services in a high-adoption region.

Published at 2026-03-01 15:01:04
Iran Turmoil Exposes Regime's $7.8B Crypto Shadow Economy

New reporting shows Iran's government and citizens rely on a $7.8 billion crypto shadow economy for international trade and as a financial lifeline amid protests and sanctions. The network blends state-level sanctions evasion with grassroots remittances and P2P activity.

Stablecoins Overtake Aid as Primary Remittance Lifeline in Africa

At Davos, economist Vera Songwe said remittances and inflation hedging are driving stablecoin adoption across Africa, now outpacing aid as a lifeline. The trend could lower costs and speed transfers for households facing currency volatility.

Iranians Turn to Stablecoins as Rial Crashes Amid Protests

The Iranian rial plunged to a record low, spurring protests and driving many citizens to use stablecoins to protect savings and access foreign currency. Analysts say a near-term recovery looks unlikely without a clear economic plan.

Published at 2026-01-15 15:45:16
Venezuela Sanctions Prove Stablecoins' Real-World Utility

Cut off from traditional dollar rails, Venezuela is increasingly using dollar-pegged stablecoins for payments, remittances and savings. The shift highlights stablecoins' practical role as cross-border payment rails while raising regulatory and compliance questions.

Iranians Turn to Stablecoins as Rial Hits Record Lows

Usage of dollar-pegged stablecoins has surged in Iran as the rial plunged to roughly 1.42 million per USD before easing to about 1.38 million, eroding household savings and pushing up essential prices.

Published at 2026-01-04 12:15:06
Binance Lists Kyrgyz Som-Pegged KGST Stablecoin

Binance has listed KGST, a new stablecoin pegged to the Kyrgyz som, expanding exchange access to a som‑denominated digital asset. The move could increase local liquidity and cross-border remittance options for Kyrgyz users.

Stablecoin Use in Venezuela Poised to Rise as Economic Crisis Deepens

TRM Labs says Venezuela’s crypto ecosystem grew directly from prolonged economic collapse and international sanctions, and predicts stablecoin use will expand for remittances, payments and savings. The shift highlights both practical demand and rising compliance challenges.