Guatemala’s Largest Bank Implements Stablecoin Remittances in App

Banco Industrial, Guatemala’s largest bank, has partnered with SukuPay to integrate stablecoin remittance technology into its mobile app, Zigi. This marks a groundbreaking move for Latin American banks as they embrace blockchain-based payment infrastructure. ⚡ Users can now receive U.S.-based transfers in under 20 seconds for a flat fee of $0.99 using their existing banking app. This seamless process eliminates the need for IBANs, crypto wallets, or conversions, making it user-friendly.