Rpay was developed by the team behind the stablecoin protocol Reserve and currently has 600,000 registered in Latin America and 300,000 on a waiting list, Jiménez said. The platform has posted $5.7 billion in cumulative volume since going live in 2020, and it recently adopted the decentralized Electronic Dollar (eUSD) stablecoin, which tracks the US dollar.
Source: https://www.coindesk.com/policy/2023/06/29/stablecoin-wallet-rpay-secures-license-from-ofac-to-continue-operating-in-venezuela/?utm_medium=referral&utm_source=rss&utm_campaign=headlines