U.S. users of Strike can now use Send Globally to send instant, cheap remittances to loved ones in the Philippines.
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.