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El Salvador Shifts to Stablecoins After Bitcoin Payments See Limited Use

BloombergView source article

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El Salvador launches Sivar stablecoin remittance app on Coinbase infrastructure

El Salvador has launched Sivar, a national remittance and payments app built by Modveon on Coinbase's Base network, settling transfers from the US in stablecoins. The move represents a shift toward stablecoins for everyday payments, separate from the country's Bitcoin experiment.

Sep 29, 2026·6 sourcesBitcoin adoptionBlockchain interoperabilityPaymentsStablecoins
El Salvador launches Sivar stablecoin remittance app on Coinbase infrastructure
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