10% of MoneyGram’s US-Mexico Enterprise is Crypto-Enabled By Cointelegraph
10% of MoneyGram’s US-Mexico Enterprise is Crypto-Enabled
An estimate by the World Financial institution pegged 2016’s world remittance market at $573 billion, and a whopping $422 billion of that went to creating international locations.
The straightforward act of transferring cash from one nation to a different — extra formally often called remittance — is one financial heavyweight of a market, but blockchain expertise is poised to alter its operations anyway. Already well-suited for securely transferring items of worth world wide, the identical expertise that powers holds nice implications for the world’s remittance companies.
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