Kite
Blog / Glossary / R / Remittance

Remittance

What crypto means by it

Money sent home to family across a border. The traditional route loses value twice, once to the transfer fee and again to a quietly unfavourable exchange rate.

What you already know this as

The same word, the same money, the same families. Only the rails change.

In Kite: Someone sends you USDC or USDT and it lands as spendable dollars in your wallet, ready to tap on your card.

Decode with Kite

Paste the whole sentence and we will underline every term we recognise.

Or try: