Coinbase and Modveon Launch Flat $2 Remittances to El Salvador
- —Flat $2 fee applies to any remittance amount to El Salvador
- —Salvadorans received $9 billion in remittances last year
- —Modveon uses Coinbase infrastructure to process transactions
Why it matters: The flat fee could accelerate crypto adoption in remittances and lift Coinbase's transaction volumes.
Source: Coinfomania