Send Globally 🇵🇭⚡️ Strike users can now send US Dollars direct to banks and mobile money accounts in the Philippines! #Bitcoin, as an open, global, instant, cheap settlement network, is now acting as the superior payment rail for the world. 🚀⚡️🌏

The Philippines is one of the largest remittance markets in the world. Remittances account for 9% of their GDP, which is more than $35 billion annually (12% of total global remittances). $12.7 billion per year are from the U.S. alone. Over $1B 🇺🇸 ➡️ 🇵🇭 per month 🤯

The average cost? 4.57% according to the World Bank. Receiving the money can take days to weeks. Over 50% of Philippine residents are unbanked despite almost 66% owning a cell phone. There are clearly unmet needs and opportunities for financial inclusion. #Bitcoin fixes this

Legacy payments are slow, exclusionary, and don’t foster a level of innovation required to service the world, particularly those that are underbanked #Bitcoin allows us to improve on the existing cross-border experience and include those previously excluded by the legacy systems

Give it a try! If you want to test sending USD to a PHP bank I suggest donating to my friend Verlen Verlen HODLs #bitcoin with the hopes of putting her baby sisters through college some day (she's 24, they're 9 and 10) USD to PHP ⚡️: Verlen Segura Netbank 9001-9000-7763

What countries and currencies should we launch next? 🇮🇳🇨🇴🇬🇹🇲🇽🇸🇻🇦🇷🇧🇷🇨🇦🇪🇺🇬🇧 Onwards 🚀

XRP fixes all the issues you mentioned.

Thanks for working with @Pouch_PH Jack. Sincerely, ex employee of Pouch:)

When will Strike launch in Australia 🇦🇺?

Keep rolling bro!

🧻