President Donald Trump's immigration crackdown has led to an increase in remittances from Latin American migrants.
Fears of U.S. immigration policies have driven immigrants to send more money back home, with a notable uptick in remittances to Central American countries like El Salvador, Honduras, and Guatemala.
Remittances play a crucial role in the global economy by helping cover living expenses, medical needs, and tuition for families in low-to-middle income countries.
While challenges like cash dependence and payment delays persist, the need for simpler cross-border payments remains significant for the millions of people living outside their home countries.