A new partnership between Felix Payment and Zero Hash Technology has introduced an innovative way for users to send money instantly via WhatsApp. This service leverages stablecoin technology provided by Zero Hash, which is also utilized by major financial players like Stripe and Interactive Brokers.

For many U.S.-based Latinos who collectively send around $150 billion back home each year, this service provides a faster, more affordable alternative to traditional remittance methods, which often come with high fees and delays. By integrating with WhatsApp, Felix allows users to transfer funds seamlessly and efficiently.

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Stablecoins, digital assets with values tied to fiat currencies, play a central role in Felix’s service. This setup enables users to send money internationally without needing direct cryptocurrency interaction. Zero Hash’s infrastructure handles regulatory requirements, converting U.S. dollars into USDC stablecoins and facilitating currency exchanges for recipients.

In recent developments, the platform Kalshi has also partnered with Zero Hash, enabling quick account funding with stablecoins. In 2024, the stablecoin market reached a record $170 billion, driven by clearer regulations and increasing adoption. 

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Prominent crypto advocate Anthony Pompliano predicts that stablecoins could dominate machine-based transactions as transaction volumes approach $20 trillion this year. Felix’s transaction volume has surged by 500 times since its launch, reflecting the rising demand for cost-effective remittance solutions. Meanwhile, Zero Hash continues to expand its reach, supporting 65 platforms across 22 blockchains with over $20 billion processed.

This collaboration exemplifies Zero Hash’s mission to advance blockchain technology behind the scenes, promoting broader crypto adoption by simplifying the user experience.