Stablecoins are emerging as cheaper alternatives to costly legacy FX rails, but off-ramps such as bank account access add significant friction, according to Delphi Digital.
Remittances News
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The infrastructure provider will support the planned launch of Western Union’s USDPT stablecoin on Solana, linking blockchain payments to its global payout network.
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Crypto’s credibility in 2026 will be judged by payment retention, settlement throughput and repeat usage — not token prices or speculative hype.
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Minneapolis Fed President Neel Kashkari says crypto is “utterly useless” compared to AI, and that pro-stablecoin arguments are “a buzzword salad.”
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South Korea’s customs agency charged three suspects over a more than $100 million crypto-linked remittance scheme using WeChat Pay and Alipay, per Yonhap.
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Stablecoin settlement times vary wildly depending on their blockchain. Purpose-built payment chains must remain open, or they will repeat TradFi fragmentation.
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Fintechs bypass traditional banking to offer stablecoin access, yield and spending in emerging markets. Programmable money leapfrogs legacy infrastructure.
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Like early email protocols, DeFi remains complex and isolated. Bridging DeFi and TradFi through hybrid payment solutions could unlock crypto’s mainstream potential.
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Western Union CEO said there are “significant opportunities” to utilize stablecoins for sending and receiving money across borders.
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Africa stands at a crossroads: harness cryptocurrency’s $4-trillion potential for sovereignty and growth or risk financial instability and exclusion.
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South Korea reportedly flagged a record 36,684 suspicious crypto transactions in 2025, surpassing the combined total of the past two years.
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From corner shops to big retailers, Venezuelans are embracing stablecoins as inflation soars and the bolívar loses over 70% of its value.
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SoFi Technologies will leverage the Bitcoin network under a partnership with Lightspark to better compete in the $740 billion global remittance market.
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Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.
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SoFi reenters the crypto space with onchain remittances and digital asset trading following the ease of regulations in the US.
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