Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.

Benjamin Fernandes’ goal for the fintech startup he launched in 2018, NALA, was to speed up money transfers within his native Tanzania. It now operates in nearly a dozen African countries, providing ...

VILNIUS, LITHUANIA, August 27, 2025 /EINPresswire.com/ -- Stablecoins could save migrant workers and their families over $39 billion in remittance fees each year ...

Stablecoins are gaining traction across Africa as inflation, high remittance fees, and limited banking access drive adoption.

Sending money home remains a costly affair for many Africans living abroad, with some countries on the continent recording some of the highest remittance fees in the world. ・African remittance costs ...

SEN. Jinggoy Ejercito Estrada has filed a measure seeking to slash the remittance fees for overseas Filipino workers (OFWs) by 50 percent, a landmark proposal aimed at protecting the workers’ ...

African migrants lose Sh352 billion ($4 billion) annually when sending money home due to high remittance fees, the World Bank has said. South Africa, Tanzania, and Ghana are the most expensive ...

Digitap ($TAP) is inching ahead of XRP in 2026 as stablecoins win the remittance race. While XRP moved first, the winning apps are the ones that make those stablecoin rails feel like normal banking ...