Emerging Markets See Rise in Stablecoin Remittances

According to Foresight News, data released by Artemis indicates that approximately 10% of cross-border remittances in emerging markets are now conducted using stablecoins. India leads with a 9.8% share, followed closely by Nigeria at 9.7% and Mexico at 9.0%. Other countries such as Vietnam, Pakistan, the Philippines, and Egypt have stablecoin remittance rates of 7.8%, 3.7%, 2.3%, and 0.7%, respectively.