The Central Reserve Bank of El Salvador has reported that only 1.1% of remittances in the country involve cryptocurrency. This data highlights the low adoption rate of digital assets for cross-border payments in El Salvador. Despite the government’s efforts to promote the use of cryptocurrency, traditional remittance methods still dominate the market. It remains to be seen whether this trend will change in the future as more people become familiar with and comfortable using cryptocurrencies for financial transactions.
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