El Salvador targets $9 billion in transfers, but chooses stablecoins
El Salvador is shifting its focus to stablecoins for remittances through a new national app called Sivar, developed by Modveon and powered by Coinbase infrastructure. This move aims to separate everyday payments from the country's Bitcoin experiment.

El Salvador is shifting its focus to stablecoins for remittances through a new national app called Sivar, developed by Modveon and powered by Coinbase infrastructure. This move aims to separate everyday payments from the country's Bitcoin experiment.
Sources
- CryptoSlate — El Salvador targets $9 billion in transfers, but chooses stablecoins
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