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Guatemala’s Banking Giant Swaps Legacy Systems for Stablecoin Remittances

Guatemala’s Banking Giant Swaps Legacy Systems for Stablecoin Remittances

Author:
CoindeskEN
Published:
2025-05-21 13:00:00
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Guatemala’s Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments

Big banks finally wake up to what crypto natives knew years ago—stablecoins move money faster and cheaper than SWIFT ever could.

Banco de los Trabajadores, Guatemala’s largest bank, just flipped the switch on dollar-pegged digital rails for U.S. remittances. No more waiting days for cross-border settlements. No more middlemen taking their cut.

The finance dinosaurs are evolving—one blockchain integration at a time. Next stop? Probably charging customers a ’convenience fee’ for the privilege of using this ’innovative new service.’

|Square

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