Payment startup Felix partners with Zero Hash to improve international remittances

Felix, a chat-based payment startup, allows its customers to make international remittances via WhatsApp messages. The company announced on Wednesday that it has partnered with Zero Hash to help it leverage the speed and convenience of stablecoins in facilitating remittances. A statement said, "By embedding Zero Hash's infrastructure into the Felix service, Felix can control the front-end customer experience." "Zero Hash handles end-to-end technology and regulatory-compliant fund flows on the back-end; receiving dollars and converting them into USDC, then immediately sending them to global partners who convert USDC into local currencies and send funds to recipients."