"Global remittance" refers to when people send money to their friends or family who live in a different country. It allows individuals to send money internationally to support their loved ones who may need financial assistance. Full definition
The allure of the vast global remittance market has attracted entrepreneurs for years and the dream is slowly being realized as centralized and legacy infrastructure gives way to multiple bitcoin endpoints. (coindesk.com)
Issues such as cryptocurrency volatility, safety concerns, and lack of understanding are hindering widespread adoption for global remittances and digital payments. (ccinews.net)
Bitcoin could also play a significant role in global remittances for customers who want to use cash to begin the transfer process. (coindesk.com)