El Salvador targets $9 billion in transfers, but chooses stablecoins
Property	Value	Type
Title	El Salvador targets $9 billion in transfers, but chooses stablecoins	metadata
Category	etf	metadata
Subcategory	etf	metadata
Sentiment	neutral	metadata
Published Date	2026-09-29T18:47:14.969Z	metadata
Trustworthy	no	metadata
Content	El Salvador is reportedly targeting up to $9 billion in remittance and transfer flows through digital-asset infrastructure, but is prioritizing stablecoins rather than Bitcoin for the initiative. The choice reflects a focus on reducing volatility and improving payment predictability for users and businesses. For Bitcoin, the development suggests El Salvador’s broader crypto strategy remains pragmatic: adoption of blockchain rails may expand without translating into equivalent demand for BTC....	content
Citation 1	https://cryptoslate.com/el-salvador-targets-9-billion-in-transfers-but-chooses-stablecoins/	source

El Salvador targets $9 billion in transfers, but chooses stablecoins

Sep 29, 2026

etf

El Salvador is reportedly targeting up to $9 billion in remittance and transfer flows through digital-asset infrastructure, but is prioritizing stablecoins rather than Bitcoin for the initiative. The choice reflects a focus on reducing volatility and improving payment predictability for users and businesses. For Bitcoin, the development suggests El Salvador’s broader crypto strategy remains pragmatic: adoption of blockchain rails may expand without translating into equivalent demand for BTC.

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https://cryptoslate.com/el-salvador-targets-9-billion-in-transfers-but-chooses-stablecoins/

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