Kasikornbank and SCBX, two leading Thai banks, are pioneering stablecoin-powered remittance services, revolutionizing cross-border transactions and potentially transforming Thailand’s financial landscape. This move leverages Thailand’s robust mobile payment infrastructure and large migrant worker population, but regulatory uncertainties remain.
Located in Gujarat, India, Madhapur, with a population of 32,000, boasts an astonishing ₹7,000 crore in fixed deposits, making it Asia’s richest village. The village’s prosperity is fueled by its large NRI population, particularly from the construction industry in Africa, who send back remittances to their families in Madhapur, transforming the village with modern facilities and infrastructure.
