SoFi, MoneyGram and Paysafe Propel Crypto Powered Remittances Market Toward $68.6 Billion by 2029

About this update from Sofi Technologies, Inc.

[{"type":"image","alt":"Company Logo","displaySize":"","headline":null,"caption":"Company Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":36,"url":"https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g_3H8YP5.WdAX5cBtX03VA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65","width":300,"height":36}},"lazy":false},{"type":"text","content":"The crypto-powered remittances market, leveraging cryptocurrencies and blockchain, offers opportunities driven by growing adoption for cross-border transactions, demand for lower-cost transfers, technological advancements in blockchain, and stablecoin integration. Asia-Pacific leads growth, aided by rising smartphone and internet use.","length":336,"tagName":"p"},{"type":"text","content":"Crypto-Powered Remittances Market","length":33,"tagName":"p"},{"type":"image","alt":"Crypto-Powered Remittances Market","displaySize":"","headline":null,"caption":"Crypto-Powered Remittances Market","credit":"GlobeNewswire Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":600,"height":400,"url":"https://media.zenfs.com/en/globenewswire.com/768d4b2bb44b01c4f4614616d038bf15"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/G5V1IEbMC7nkEEiwSXRivw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/768d4b2bb44b01c4f4614616d038bf15","width":600,"height":400}}},{"type":"text","content":"Dublin, Dec. 12, 2025 (GLOBE NEWSWIRE) -- The "Crypto-Powered Remittances Global Market Report 2025" has been added to ResearchAndMarkets.com's offering.The crypto-powered remittances market is witnessing substantial growth, with projected expansion from $22.18 billion in 2024 to $27.87 billion in 2025 at a CAGR of 25.6%. This surge is driven by regulatory clarity, increasing remittance volumes from migrant workers, investment in cryptocurrency payment infrastructure, and stablecoin adoption. By 2029, the market is expected to reach $68.59 billion, continuing its robust growth trajectory due to rising cryptocurrency adoption for cross-border transactions, demand for faster, lower-cost international money transfers, and increased smartphone and internet penetration in developin...

More updates from Sofi Technologies, Inc.