How MSBs are leveraging the power of USDC and Circle for cross-border payments to their counterparties. Cross border payments and settlements have been a crucial part of the global economy. However, traditional methods of transferring money across borders are often…
Determining the price for a product or a service is the penultimate question. The money-transfer industry is no different. At present, the remittance industry has more or less the following models for pricing: The combination of the above-mentioned three models…
Introduction This article discusses the ability to make small-value remittances, across border in a seamless manner, without incurring any high-costs that are typically associated with cross-border money transfers. These micro or small-value transactions can literally uplift economies. There are (in my opinion)…
If you had asked professionals in the Fintech space about 7–8 years ago, what the word remittances meant, you’d be hard-pressed to find people who could accurately define it for you. Just for the record: I was one of them. Today, in…