Key Takeaways:
- El Salvador’s Central Bank reported Q1 crypto remittances hit $17.38M, a $5.77M rise from 2025.
- Despite Bukele’s hopes to disrupt remittance giants, crypto comprises just 0.71% of the $2.43B total.
- Future growth may stall as El Salvador sunsets the Chivo wallet to honor a 2025 IMF credit pact.
El Salvador Registers Rise Of 49.7% In Crypto Remittances
El Salvador, the so-called Latam’s bitcoin country, registered an advance in the use of digital assets for remittances.
According to official data published by El Salvador’s Central Bank, the volume of cryptocurrency remittances rose to $17.38 million in Q1, up $5.77 million from the total registered during Q1 2025.
The rise comes as family remittance volumes Source link
