Filipino startup Pouch has partnered with Strike, a digital payments platform built on Bitcoin’s Lightning Network, for fast, secure, and low-cost remittance payments from the U.S. to the Philippines. Pouch is a lightning service provider which facilitates connectivity to the Lightning Network which is a second layer built on top of the Bitcoin Network. This allows for the sending and receiving effective and reliable payments. Customers, including Filipino expats in the U.S., can now send U.S. dollars to the Philippines and have the funds received as Philippine pesos in a recipient’s bank or mobile money account. Founded in August 2021…
Author: Navina Vivekanandan
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