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Movantis Launches USDC Payment Corridor on Stellar for US–El Salvador Transfers
(3 hours ago) · 1 source · Summarized by CryptoBipto
Movantis has launched a USDC-based payment corridor on the Stellar blockchain targeting remittances between the United States and El Salvador. The service uses the stablecoin USDC on Stellar's network to facilitate cross-border transfers between the two countries.
WHY IT MATTERS
Remittances are money transfers that people working in one country send back to family in their home country.
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SOURCES
- newsbtc.com
RELATED
XLMUSDCRemittancesStablecoinsCross-Border PaymentsStellar NetworkUSDC
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