Kustodia launches smart contract escrow for LATAM's $600m fraud crisis
Kustodia launched a peso-denominated blockchain escrow on Mexico's SPEI payment system to combat LATAM's $600 million annual fraud crisis. The platform uses smart contracts on Arbitrum to secure high-value transactions like vehicle and real estate deals, charging 3% fees versus traditional escrow's 3-6%. Users interact via WhatsApp and pesos only, with blockchain operating invisibly. India has no direct angle currently.
Coins in this story
Explore how AI Agents is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Big Tech's multi-billion dollar AI bets are still on track as Mag 7 giants report earnings
The four Mag 7 giants reported quarterly results on Wednesday, showing that they are still on track to spend multi-billion on AI. Here is what it means for crypto....
RealOpen and TRON verify $9.4M in USDT for crypto-enabled real estate purchases
RealOpen, the leading platform for buying real estate with crypto, today announced the conclusion of its collaborative "Fast Moves, Fast Payments" Holiday Campaign with TRON...
