Guatemala’s Banking Giant Bets Big on Stablecoins—Taps SukuPay for $21B Remittance Market

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2025-05-21 15:32:49

Guatemala’s Largest Bank Onboards SukuPay for Stablecoin Remittances into $21B Market

Traditional finance meets crypto rails as Guatemala’s largest bank makes its play for the remittance gold rush. No more waiting days—or paying middlemen their pound of flesh.

Why it matters: Cross-border payments have been a cash cow for legacy players. Now, stablecoins are cutting the trip wire. SukuPay’s integration could slice costs and settlement times for Guatemala’s $21B remittance pipeline—if regulators don’t strangle it in the crib.

The bottom line: Banks are finally waking up to crypto’s utility. Too bad it took them a decade and a bear market to admit it.

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