Why are people ditching traditional money transfer channels for crypto remittance?

Cross-border money transfer is a hot topic when it comes to cryptocurrency use cases. Discussions often revolve around how crypto is revolutionizing remittances globally. Accelerated by the COVID-19 pandemic, the remittance industry has evolved from transfers via physical remittance stores to online transfers. In 2020, World Bank data recorded that global remittances to low- and […]