PANews reported on May 21st that according to CoinDesk, Guatemala's largest bank, Banco Industrial, announced the integration of the blockchain payment protocol SukuPay, processing cross-border remittances from the United States to Guatemala through USDC stablecoin. Users can receive funds by simply entering a phone number in the mobile banking app Zigi, with a fixed transaction fee of $0.99. Developed on the Polygon network and launched in April 2024, SukuPay enables cross-border transfers without users needing to create a crypto wallet. This marks the first deep integration of a native crypto payment protocol by a major Latin American retail bank.
