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.@joinsendr CEO Varinder on how they use stablecoins to send money home in 15 minutes, without users ever touching crypto:
“The main idea here is to hide the stablecoin rails. Instead of telling you, okay, you need to convert stablecoins from your pesos to USDT, then USDT goes to Indian rupees. So much chaos for an immigrant or a freelancer.”
“You send us pesos or US dollars to Sendr, and Sendr automatically converts into USDC or USDT, which is a stablecoin rail, through our license partner that we have, and it goes directly to that license partner in the destination country.”
“For example, that USDC goes to our license partner in India, and that partner basically offramps into Indian rupees. So the user never touches a stablecoin or crypto. He just wants his money delivered to his family.”
“We said okay, you guys give us 15 minutes. You send us dollars, in 15 minutes your money will be delivered to your parents’ bank account, directly, bank transfer.”View quoted post on X
