$U is set to serve a wide range of core use cases:🔸 Trading, lending, staking, yield strategies🔸 Institutional OTC settlement and treasury operations🔸 Cross-border payments and remittances🔸 Supply-chain and B2B settlement workflows🔸 AI-driven autonomous payment systemsLearn more about $U: https://t.co/UP6peOGs7W ...

Immigration & Demographics - The U S adopted a new policy welcoming political refugees in 1980, over two centuries after the founding of the American nation [1] - By 2011, nearly 100,000 Somalis had been welcomed into the United States as refugees [1] Economic Impact & Remittances - Somalis built mosques, Islamic centers, halal shops, and grocery stores, sending remittances back to Somalia [2][3] - Remittances from abroad, especially from the United States, account for between 30% and 50% of the Somalian economy [4] - A major source of remittances to Somalia has been the American taxpayer [3] Allegations of Fraud & Misuse of Funds - Somalis perpetrated one of the most expansive cases of welfare fraud in American history [4] - Much of that money went straight back to Somalia, with at least some of it ending up in the hands of the Islamic terrorist group al-Shabaab [4] Overall Assessment - Somalis have not contributed anything to America, but have managed to take, steal and transfer enough wealth from America that America built Somalia [5]

Welcome @OwlTing to Circle Payments Network (CPN)!OwlTing has officially joined CPN, enabling near-instant settlement with payment stablecoins like USDC across high-growth markets.This unlocks faster, more affordable cross-border flows for:→ B2B payments→ Remittances→ PayrollWith a deep regulatory footprint across the US, EU, and Asia, OwlTing now connects its users to compliant, real-time global settlement through a single CPN integration.This is what modern cross-border payments should feel like. ...

Core Insights - Stablecoins are expected to transform remittances through integration rather than disruption, enhancing the global payments infrastructure instead of replacing it [1] - The current remittance system is characterized by high fees, unpredictable delivery times, and inefficiencies, particularly affecting smaller transactions and cash remittances [2][3][4] Group 1: Current Challenges in Remittances - Migrant workers face high fees for sending money home, which may increase with proposed remittance taxes [2] - Delivery times for remittances are often unpredictable, constrained by traditional banking hours, leading to delays in urgent transactions [2] - Cash remains the most trusted method for remittances due to its immediacy and universal understanding, but it is limited by geography and infrastructure [3] Group 2: Infrastructure Limitations - The infrastructure for cross-border money transfers has seen little change over decades, still relying on outdated systems with cut-off times and batch settlements [4] - Current remittance systems do not meet the fast-paced expectations set by modern communication and commerce, causing delays for families relying on timely transfers [4] Group 3: Potential of Stablecoins - Stablecoins present an opportunity to address structural issues in remittances by providing speed, programmability, and lower costs, especially for smaller transactions [5][6] - Transactions using stablecoins can settle in seconds at any time, bypassing traditional banking limitations, and can be integrated into existing trusted systems [6] - The effectiveness of stablecoins is contingent upon their integration into established payout networks and banking systems that have built trust over time [6]

This is pretty crazy to see in a classified CIA memo from 43 years ago https://t.co/1l9KATWh1uMike Benz (@MikeBenzCyber):Here's a confidential CIA memo from 1983 on illegal immigration from Mexico. It says illegal immigrants send 1/3 of their earnings back home to Mexico in remittances, the Mexican economy is totally dependent on those remits, and that Mexico thinks we can't politically stop it. https://t.co/bEa2RtkRgW ...

Here's a confidential CIA memo from 1983 on illegal immigration from Mexico. It says illegal immigrants send 1/3 of their earnings back home to Mexico in remittances, the Mexican economy is totally dependent on those remits, and that Mexico thinks we can't politically stop it. https://t.co/bEa2RtkRgW ...

Event Overview - Zypto App 将于 11 月 26 日 UTC 时间 14:30 举办关于加密货币实际应用的 X Spaces 活动 [1] - 活动主题为“Crypto IRL - How Are People Really Using It and Why?”，探讨加密货币在支付、汇款、日常消费和商家采用等方面的实际应用 [1] - Bitcoin Cash (BCH), Nexa, Dash, Decentralized Creative 将作为嘉宾参与 [1] Participants and Sponsors - Joe Parkin (@ZyptoApp) 将担任主持人，@VoiceofDefi 担任联合主持人 [1] - Zypto Token 赞助本次活动，并为听众提供代币赠送 [1] Call to Action - 鼓励听众加入直播活动，并邀请潜在嘉宾联系 [1]

Remittances may fall, but opportunities are opening up https://t.co/3MRBCieBEL ...

European Bank Revolut Taps Ethereum Network Polygon for Remittances, Stablecoin Payments► https://t.co/Xv2D3mq9b3 https://t.co/Xv2D3mq9b3 ...

RT Vince Virga (@vvirga)🚨 Visa Policies Sucking Our Economy DryRemittances to India Exceed $30 Billion AnnuallyThat’s $30 + Billion a year, sucked out of the US economy, NEVER to return.What are the long term effects?Question:What are the cumulative effects on the US economy over a 10-year period if $33 billion is sent annually as remittances to India?Answer:$330B total outflow reduces US GDP by ~$500-660B (fiscal multiplier 1.5-2.0), cuts domestic consumption/investment, slows job growth by ~2-3M positions ...