Cross-border payments have long been floated as one of the best potential use cases for cryptocurrency, but clunky interfaces and costly fees have hindered the expansion of a true blockchain-powered remittance platform.
Jack Mallers, the founder and CEO of the crypto platform Strike, is trying to change that. Through a new feature called Send Globally, Strike users can send money between currencies, utilizing Bitcoin as an intermediary. After launching in Nigeria, Kenya, and Ghana in December, Strike is announcing the expansion of the feature to the Philippines today.
