Strike Launches Remittances To Philippines – Bitcoin Magazine

Strike, the leading digital payment platform built on Bitcoin's Lightning Network, has announced the expansion of its "Send Globally" product to the Philippines. This will allow for fast, secure and low-cost money transfers between the U.S. and the Philippines, which is one of the world's largest remittance markets. The Philippines relies on more than $35 billion annually in money sent from abroad, with over $12 billion coming from the U.S. alone. 

Strike has partnered with to enable transfers from U.S. dollars to Philippine pesos, which can be received in a bank or mobile money account in the Philippines.

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