Stellar Partners with TransferTo for Improved International Mobile Money Transfers

in #bitcoin6 years ago

Cryptocurrencies and digital assets all have a role to play in the world of remittances and money transfers. Stellar is making inroads in this regard thanks to a new partnership with TransferTo. It’s an important step in the right direction, and one that shows Stellar may be able to rival Ripple in the long run.

A Major Partnership for Stellar

Even in this day and age, international money transfers are still incredibly expensive. Regardless of where money is being sent to or from, it is evident that competition and cheaper fees are in high demand. The likes of MoneyGram and Western Union are entrenched in the financial sector, although their fees are still quite high, all things considered.

Read full story here:https://bitnewsbot.com/stellar-partners-with-transferto-for-improved-international-mobile-money-transfers

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