Airtm enables businesses to pay workers all over the world using USDC, a digital dollar built on Web3 infrastructure that can quickly and efficiently be sent, spent, or saved with nothing but an internet-connected smartphone. Workers love Airtm because they can store earnings in a stable digital dollar until they need to spend their money.
When a worker needs to spend their money, they can easily convert it to local currency from their phone and have it transferred to their bank account or a prepaid debit card. Airtm manages these conversions through a network of corner stores and other local businesses that act as cashiers.
When the COVID-19 pandemic hit Venezuela, traditional banking solutions couldn’t deliver payments to front-line workers like doctors and nurses when they needed them most. Airtm made it possible to get stable dollar value into the hands of these essential community members and made it easy to convert into local currency using fast, low-cost transactions with USDC. To learn more see: https://www.circle.com/en/case-studies/airtm
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