A Peko Vision where global workers use crypto for remittances, without giving up >20% of their income for the service
Imagine that the $100 billion global remittance industry could eliminate the high fee middle-men. Millions of people all over the world depend on remittance service providers to send income earned in one country back home to their families.
Crypto enables people in any location to send money instantly, securely, and with essentially no fee to anyone else around the world. This is a core crypto use case – helping those that need it most!
Why Crypto Helps Remittances
Minimal Fees
Almost every cryptocurrency has a SUPER LOW fee transfer from one wallet to another; far better than current options
Instant Transfer
Most cryptocurrencies transfer from one place to another in less than a minute at any time of any day
Who Claims to Solve This Crypto Use Case?*
- Almost all of them! Note, some have different claims on speed, cost, security, etc
*Disclaimer: This is not investment advice in any way, nor is it an endorsement of these projects. We DO NOT assess the code, roadmap, team, product quality, user experience, security, or fulfilment of this use case. We also take no position on legality of crypto/blockchain in your jurisdiction. Like everything on this website, we never comment on specific crypto tokens as investments because it would take assessment of all of the above and more to do so properly. Likewise, we are not qualified financial advisors. The purpose of this list is to encourage more research into a use case we believe in, as the listed tokens claim to solve for some of our vision. We hope they do and reserve the right to invest ourselves but leave it exclusively in your hands to do your own research and consider your unique financial objectives and situation. For more information, see our Terms of Use
