Yesterday, Visa, Mastercard, Stripe, Coinbase, and BlackRock backed a new consortium-governed stablecoin called Open USD. We break down what was announced, what it signals for the stablecoin industry, and the gap it leaves — the one Koin Remit is built to close.
Kivi3 announces a strategic partnership with HMD and Polygon to integrate feature-phone native Web3 infrastructure and stablecoin payments into next-generation devices for emerging markets. More details coming soon.
When money moves across borders, three things matter: how much arrives, how fast it arrives, and how predictable the process is.
Stablecoins influence all three. By settling value quickly and transparently, they reduce uncertainty for families who depend on remittances and need to know when and how much money will be available.
Sending money across borders is still slow and expensive because it relies on complex, layered systems built decades ago.
Stablecoins do not replace remittance services, but they simplify how value moves between them. By reducing technical steps and settlement time, they help lower hidden frictions that matter most to families sending money home.
Stablecoins are not about speculation or price swings. They are designed for predictability.
Linked to traditional currencies like the US dollar, stablecoins aim to keep a stable value so people know exactly how much money they are sending and receiving. In cross-border payments, that certainty matters more than growth.