Coins.ph, Flutterwave, ICICI Bank, and Tempo Money Transfer have integrated with Stellar, enabling near-free remittances and cross-border payments across Southeast Asia, Africa, and India. The Philippines now has 22,000 cash-out locations for Stellar-based transfers.
Four major financial institutions have launched Stellar integrations, dramatically expanding remittance corridors. Coins.ph enables free deposits to Philippine wallets with 22,000 cash-out locations; Flutterwave connects M-Pesa users across Kenya, Ghana, and Nigeria; ICICI Bank pilots cross-border transfers without wire fees and launches a campus mobile wallet; Tempo Money Transfer routes European remittances through the Stellar network. These partnerships create immediate interoperability, allowing customers of any connected institution to send low-cost, instant transfers to all others. The move addresses the $26.92 billion annual remittance market to the Philippines, demonstrating blockchain's real-world impact on financial inclusion.
