Dollarization and Digital Dollars in South America
In a dollarized or high-inflation economy, the currency your money is denominated in matters more than the fee you pay
Send Money to South America with Stablecoins
The best way to send money to South America with stablecoins depends on which country you are sending to — a dollarized economy like Ecuador answers a different question than peso-denominated Colombia or Peru.
- $5 billion
- Send Money to Colombia
- $2.5B
- Send Money to Ecuador
- 4.5%
- Send Money to Peru
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Send money
Send Money to Colombia with Stablecoins
To send money to Colombia with stablecoins, a licensed operator moves digital dollars over a settlement rail in seconds, then
Send Money to Ecuador with Stablecoins
Sending money to Ecuador with stablecoins is the cleanest fit of any Andean corridor: because Ecuador's official currency is already
Send Money to Peru with Stablecoins
Sending money to Peru with stablecoins means a licensed operator settles digital dollars in seconds and pays out in soles,
The South American Diaspora, Sending Money Home
Money sent home by migrants is one of the largest and most reliable flows of capital into the developing world
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Who writes here
Daniela is a Caracas-born, Lima-based journalist who covered Venezuelan migration and remittance flows for regional outlets for six years. She writes the diaspora explainers and the educational Venezuela coverage. Her register is story-led and...
Mateo is a Bogotá-based writer who spent seven years in cross-border payments and FX operations across Colombia, Peru and Ecuador — first at a regional exchange house, later building corridor products for a fintech...