Foresight News reports that, according to CoinDesk, the Guatemalan bank Banco Industrial has partnered with SukuPay to launch a stablecoin payment system based on Polygon, allowing users to make cross-border remittances using USDC. The total remittance amount to Guatemala is approximately $21 billion annually, accounting for nearly 20% of the country's GDP. SukuPay allows users to receive funds via the Zigi app using their mobile phone numbers, with a transaction fee of $0.99.

#MATIC #USDC