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Migrants sent $685 billion in remittances in 2024, but high fees and slow transfers plague the system. Ripple’s stablecoin solution offers instant, low-cost alternatives, reshaping global money flows.
- RLUSD stablecoin operates under NYDFS charter with 1:1 USD backing, seeking national bank license for compliance
- Stablecoin remittances processed $27.6T in 2024 – more than Visa + Mastercard combined
- Visa expanded stablecoin payments to EMEA via Yellow Card partnership in 2025
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