A legacy remittance company exploring stablecoins for cross-border transfers and digital asset access.
Here’s a list of remittance companies cleared to handle cross-border remittances in Ethiopia
The National Bank of Ethiopia has licensed 88 money transfer operators. Global companies like Western Union and MoneyGram are operating alongside newer entrants.
Western Union’s stablecoin takes on fintechs for bigger share of Africa’s $95B remittance market
Western Union announced the launch of USDPT, a dollar-backed stablecoin, during the Money20/20 fintech conference. The stablecoin will debut on the Solana blockchain in 2026, marking a significant evolution in remittance technology.
How to send money without a bank account in Nigeria
Nigerians are increasingly adopting fintech wallets and mobile money services for fast and secure transfers. Limited access to banking services and high transaction fees are driving people away from traditional banks.
This Nigerian immigrant’s remittance struggles inspired a fintech that spans continents
Akinsola Jegede launched VitalSwap in 2022 to facilitate high-volume transfers at low transaction rates. VitalSwap's model eliminates middlemen from the currency exchange process, reducing costs for users.
How MoneyGram is leapfrogging competitors by putting stablecoins in the hands of users
MoneyGram has introduced a stablecoins app allowing users to hold USDC in Colombia. The app aims to provide immediate benefits to remittance recipients by protecting against local currency devaluation.
