<ul><li>Guatemala’s largest bank, Banco Industrial, has integrated blockchain fintech SukuPay’s stablecoin platform to streamline U.S. remittances for just $0.99 per transfer.</li><li>Users can now receive funds without needing a crypto wallet or IBAN number, with remittances to Guatemala totaling $21 billion annually, almost 20% of the nation’s GDP.</li><li>The partnership between Banco Industrial and SukuPay modernizes cross-border payments, making blockchain technology accepted in mainstream banking in Latin America.</li><li>This integration reflects the trend of stablecoin growth driving financial inclusion, with stablecoins playing a crucial role in facilitating international money transfers and addressing banking limitations in certain regions.</li></ul>

Guatemala’s Largest Bank Integrates Blockchain Rails to Streamline U.S. Remittances

Discover more