Hurupay is a stablecoin-powered wallet that uses digital dollars as a SWIFT alternative for faster, cheaper, and more reliable cross-border money transfers for over 40M African immigrants living abroad.
How It Works:
When a user transacts through Hurupay from abroad to Africa, Hurupay collects the sender's payment through ACH or debit card, converts it into digital dollars, and instantly transfers it to Africa on the blockchain. A built-in API then converts the stablecoin into local currency and sends the funds straight to the end recipient's bank or mobile money account.
99% of all transactions are processed by Hurupay within 5 minutes — most arriving in seconds.
Hurupay is revolutionizing remittances for the 40M+ African immigrants living abroad. We leverage stablecoins to offer fast, affordable, and reliable cross-border transfers, as opposed to more costly and slower traditional methods which can average 8% in fees.
In emerging markets, demand for U.S. dollars is high but access is limited. Hurupay uses digital dollars and virtual accounts to provide users with a dedicated U.S. account and routing number, enabling them to accept payroll from platforms like Deel and Remote, or payouts from services like YouTube, Spotify, and TikTok. This makes it easier for western companies to hire skilled workers from these regions and allows workers to receive their salaries and save in foreign currency.
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