Vaulta and VirgoCX Launch Cross-Border Payments Network Using Stablecoins

Former EOS Network, now known as Vaulta, is partnering with Canadian crypto exchange VirgoCX to launch a new stablecoin-powered remittance service. This venture marks the first major deployment of Vaulta’s Web3 Banking OS and will go live in May. 💰 🌎 The network aims to reduce the cost and time of international payments by utilizing stablecoins instead of traditional banking networks, addressing limitations for areas lacking access to traditional financial institutions.