Remitly is expanding its financial infrastructure with the launch of stablecoin-powered services aimed at streamlining global money transfers and improving financial access for millions worldwide.
Stablecoins, digital assets pegged to fiat currencies like the U.S. dollar, have emerged as a powerful tool for faster, cheaper, and more reliable cross-border transactions. Recognizing this potential, Remitly has announced three major initiatives that integrate stablecoins into its operations.
We’re so excited to be partnering with @remitly to power their stablecoin rails, enhancing the flexibility and reach of their global disbursement network! 🚀
Read about the partnership here: https://t.co/7BIhoYh8K8
— Bridge (@Stablecoin) August 4, 2025
The company will roll out Remitly Wallet in September, a secure multi-currency wallet allowing customers to store and transact in both fiat currencies and dollar-backed stablecoins. The feature is designed for individuals and small businesses in markets plagued by inflation and currency volatility, giving them a stable alternative to local currencies.
Additionally, Remitly is partnering with Bridge, a Stripe company, to add stablecoin payout options to its global disbursement network. This integration will enable recipients in select markets to receive stablecoins directly into their wallets while leveraging Remitly’s existing fiat infrastructure, which currently supports transfers in more than 170 countries.
On the backend, Remitly is incorporating stablecoins into its treasury operations to improve liquidity. By using tokenized U.S. dollar assets such as USDC, the company can move value across borders in real time, 24/7, reducing its reliance on pre-funded fiat accounts and enabling faster response to market demand.
“Stablecoins allow us to bring greater speed, flexibility, and financial access to our customers,” the company said, emphasizing that the move builds on its early crypto integrations with platforms like Coinbase and Novi.
With stablecoin adoption accelerating and regulatory clarity improving, Remitly plans to continue expanding these applications, positioning itself at the forefront of crypto-driven financial innovation in the global remittance industry.
The expansion comes as stablecoin adoption accelerates. According to a new report supported by Artemis Data Partners, more than $92.4 billion in stablecoin payments were settled between January 2023 and February 2025, underscoring their growing role in real-world financial transactions beyond crypto trading.
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