According to reports from Wu, data from the Central Bank of El Salvador shows that cryptocurrency remittances in the first quarter of 2025 decreased by about 45% year-on-year. Cryptocurrency accounted for less than 1% of all foreign exchange remittances.
In the first four months of 2025, El Salvador received a total of $16 million in remittances through cryptocurrency channels, compared to $28.83 million in the same period last year.