<ul><li>Guatemala’s largest bank, Banco Industrial, has integrated SukuPay into its mobile app Zigi for real-time and cost-effective remittances from the U.S.</li><li>SukuPay allows Guatemalan users to receive U.S. remittances instantly using only their phone numbers, with transfers costing $0.99 and settling in under 20 seconds.</li><li>Guatemala receives over $21 billion annually in remittances, and SukuPay aims to modernize financial infrastructure by simplifying the remittance process without requiring users to deal with crypto complexities.</li><li>The partnership between SukuPay and Banco Industrial signifies the growing adoption of stablecoins for cross-border transactions, offering faster, cheaper, and more accessible payments while abstracting away blockchain technology for users.</li></ul>

Guatemala’s Largest Bank Onboards SukuPay for Stablecoin Remittances into $21B Market

Discover more