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Crypto

Stablecoin Remittance App Launches in El Salvador, Bitcoin Office Refutes Reports

2026/10/01 20:59(Updated 2026/10/01 18:01)

CoinPost

Written by K.Kobayashi

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Stablecoin Remittance App Launches in El Salvador, Bitcoin Office Refutes Reports

Coinbase Collaboration

On September 29, the government of El Salvador and technology company Modveon announced the official nationwide launch of the platform 'Sivar,' which facilitates remittances between El Salvador and the United States.

For remittances and payments via Sivar, cryptocurrency exchange Coinbase is collaborating as a strategic partner. The platform utilizes stablecoins for transactions on the Base blockchain.

Furthermore...

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