Ruka hadi maudhui makuu
727 Finance
Kiswahili
中文繁體中文English日本語한국어EspañolPortuguês (Brasil)РусскийTürkçeFrançaisDeutschहिन्दीالعربيةবাংলাBahasa IndonesiaBahasa MelayuاردوTiếng ViệtไทยItalianoفارسیதமிழ்తెలుగుमराठीਪੰਜਾਬੀKiswahiliHausaYorùbáአማርኛ

Modveon joins hands with Coinbase to launch remittance application Sivar in El Salvador, supporting low-cost cross-border transfers through the Mesa Channel

PANews reported on September 29 that according to the Coinbase blog, Modveon launched Sivar, a community and payment application for El Salvador, and connected to the Coinbase payment infrastructure to provide a low-cost channel for remittances between the United States and Salvador. Sivar has a built-in non-custodial wallet. Users can deposit funds using debit cards through Coinbase Onramp. Verified transfers between users are driven by the Coinbase API. Funds are settled in stablecoins on the Base chain, enabling second-level, low-cost settlement. Compliant users in the United States will be charged a fixed fee of US$2 per transaction to remit money to a verified recipient in El Salvador, significantly reducing costs compared with traditional remittances. Payees in El Salvador can withdraw cash at more than 1,000 local offline outlets.

PANews reported on September 29 that according to the Coinbase blog, Modveon launched Sivar, a community and payment application for El Salvador, and connected to the Coinbase payment infrastructure to provide a low-cost channel for remittances between the United States and Salvador. Sivar has a built-in non-custodial wallet. Users can deposit funds using debit cards through Coinbase Onramp. Verified transfers between users are driven by the Coinbase API. Funds are settled in stablecoins on the Base chain, enabling second-level, low-cost settlement. Compliant users in the United States will be charged a fixed fee of US$2 per transaction to remit money to a verified recipient in El Salvador, significantly reducing costs compared with traditional remittances. Payees in El Salvador can withdraw cash at more than 1,000 local offline outlets. Coinbase stated that it provides Sivar with wallets, legal currency deposits, payment and settlement capabilities, with the goal of migrating the country's large-scale remittance traffic to the chain.

Habari zinazohusiana

  1. PA Graphic | Mtazamo wa haraka wa matukio makubwa ya Web3 mnamo Novemba 2026

    PANews Sasisho la Kalenda ya Teknolojia ya Kripto ya Novemba: Marekani itafanya uchaguzi wa kati wa 2026; data ya ajira zisizo za kilimo na CPI ya Oktoba zitato...

  2. Binance inafanya mazungumzo na wadhibiti wa Malaysia kwa leseni huku ikitafuta kuingia tena katika soko la ndani.

  3. ETF za spot SOL za Marekani zilirekodi mtiririko halisi wa nje wa dola milioni 10.742 kwa siku moja.

  4. ETF za XRP na ZEC za spot za Marekani zilirekodi mtiririko wa jumla wa nje wa dola milioni 5.0679 kwa siku moja.

  5. ETF za Ethereum spot ziliona mtiririko wa jumla wa fedha za nje wa dola milioni 156 jana, ikiwa ni siku 5 mfululizo za mtiririko wa jumla wa fedha za nje.