PayPal’s Xoom offers free remittances for stablecoin users. https://t.co/Cqqj5auiVB
Paid a friend in Lebanon for something with both Bitcoin and Tether this week. No other cost feasible options for transmitting small-medium amounts of money in such circumstances.
For all the haters when I wrote that #PYUSD will be the turn that marks mainstream adoption of crypto, look what is about to happen in remittances. This is what disruption looks like: https://t.co/PFl2YIYKR9 @PayPal @Cinkoio

PayPal has announced it will offer free remittance services for users of its controversial $PYUSD stablecoin. The initiative, highlighted in a Forbes article, is part of PayPal's broader strategy to increase the adoption of its stablecoin. The service will be available through PayPal's overseas transfer app, Xoom, emphasizing the company's commitment to providing inclusive, cost-effective, and faster money movement worldwide. This move has been seen as a significant step towards mainstream adoption of cryptocurrencies for remittances.


