Despite the fact that the Savior was an increase in the total flow of remittances for the month of September; the amount of transfers made through Bitcoin not run with the same luck, which ended up reducing the percentage of the share of remittances in BTC, with respect to the total remittances.
Family remittances made by BTC experienced a fall of 6% for the third quarter, and amounted to little more than $32 million, that is to say, a drop of more than $2 million, compared to $34.22 million in the second quarter.
According to Bloomberg's Line, the Saviour , received approximately $10.8 billion in remittances with various criptomonedas only in the month of September. These also had a decline of 1.2% with respect to August due to winter crypto, although, of course; not as drastic as that obtained by BTC.
However, not all is uncertainty, and what happened to the Bitcoiners; if the statistics are compared on an annual basis, will be more clear that The Savior has shown a very dynamic growth in comparison with September of the year 2021, the month in which you started the adoption of BTC. In that month remote, The Savior received just $1.99 billion in remittances with BTC.
In conclusion, remittances with Bitcoin seem to have chilled a bit due to the winter crypto, but they have grown in comparison to periods prior to the legal adoption of BTC. The relative weight of the digital wallets of criptomonedas, as defined by the Central Bank (BCR), was stable between 1.6% and 1.7% of the total. A value that, in comparison with September was 1.73%.
Evolution of remittances in Bitcoin in El Salvador
Within the context of family remittances, which largely depends on the salvadoran economy; the majority were sent by salvadorans residing in the united States, who exceeded received during the same period in 2021.
According to the information about your source published in June, the united States remains the country for excellence from the greater number of remittances, occupying more than 90% of the total. Approximately 94% of the remittances have proved to come from the united States, while the rest come from its neighboring country, Canada, or Europe , and the United Kingdom.
The BCR indicated that, between September 2021 and April 2022, entered remittances to El Salvador, through purses, near 96.3 million dollars, which accounted for 1.9% of the total, a minimum figure in accounts of users criptomonedas in the country. Since then, and over the winter crypto, the proportion of remittances sent by wallet BTC hardly seems to go out of the range between 1.7% and 2%.
Previously, the president Nayib Bukele argued that the country was paying on average us $ 400 million a year in fees for remittances.
“Our people pay $ 400 million a year in fees for remittances. Only that savings will be a huge benefit for our people (or at least, for those who so desire). There is also the advantage of not having to carry cash. More safe and more convenient.”
إرسال تعليق