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According to data from Statista, respondents in a 2020 survey showed higher crypto remittance adoption in developing countries including Nigeria (34%), Phillippines (20%). By comparison, Germany and Japan are at just 5% and 4% respectively. One of the reasons cryptocurrencies are gaining popularity in these regions is crypto remittances. Cross-border payments are huge inflows of money, and cryptocurrencies are proving to be among the easiest ways to get money home, shortening the adoption curve. 00:00 Intro 01:29 Remittances Globally 02:17 The benefits of peer-to-peer 04:20 A growing sector 🚀 🚀 Make your first deposit and get a $25 USDT welcome bonus! https://go.beincrypto.com/buy-cryptoc... 📊 Join our global trading community on Telegram. Get access to a free trading course, trading signals, and receive help from professional cryptocurrency traders. ✈️ JOIN NOW!: https://t.me/BeInCryptoCommunity TWITTER: / beincrypto FACEBOOK: / beincrypto INSTAGRAM: / beincrypto TIKTOK: / beincrypto Disclaimer: Although BeInCrypto aims to inform and educate readers from all over the world, it is important to remember that investing in cryptocurrency is risky. Neither this video nor its authors should be held responsible for any investment decisions, and nothing published here should be considered financial advice. We always urge our readers/viewers to do their own research and never invest more than they can afford to lose.