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Guatemala’s largest bank integrates blockchain for cross-border payments

cryptoweekly by cryptoweekly
May 21, 2025
in bitcoin, News
0

“Invisible” crypto infrastructure provider SukuPay is now integrated into Guatemala’s biggest banking provider, Banco Industrial.

Guatemala’s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology. 

SukuPay’s infrastructure has been fully embedded inside the Zigi payment app, allowing Guatemalans to receive funds from the United States instantly for a $0.99 flat fee, the company disclosed on May 21. 

Users of the Zigi app do not need a crypto wallet or an International Bank Account Number (IBAN) to receive the funds, the company said. 

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Recent Posts
  • Hong Kong passes stablecoin bill, set to open licensing by year-end
  • Guatemala’s largest bank integrates blockchain for cross-border payments
  • Russians to be fined up to 1 million rubles for paying with crypto
  • Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
  • Nigeria’s blockchain whitepaper draws fire for ignoring unresolved crypto tensions
  • Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi
  • Bold Technologies and My Aion launch $2.5B smart city AI platform

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