Musings with Remittances IITags: bitcoin, crypto, remittances
In my previous post on remittances (see here) I concluded bitcoin or crypto platforms could play a role in the remittances space (with the necessary caveats). I also mentioned incumbents such as Western Union would decide between competing or purchasing crypto platforms. What I omitted to mention was third path for incumbents, that of partnering.
Read this article.
Bitcoin/Crypto may play a role. It remains to be seen whether they will as a consumer play, a b2b play, as an independent unicorn or as tech food for incumbents.