Bahamian payment company Island Pay turns to crypto amid high transfer costs

While Latin Americans face high money transfer costs and other challenges of traditional banking, Island Pay has stepped up to solve these issues. Bloomberg reported that the Bahamas payment company became the latest to offer cryptocurrency for remittance transactions. Using crypto to navigate high costs Island Pay will launch crypto wallets that use stablecoin USDC The post Bahamian payment company Island Pay turns to crypto amid high transfer costs appeared first on Invezz .