DEPLOYMENT · APAC
Abound surpasses $500M annual remittance volumes using blockchain settlement with Monad
Abound, the US-India remittance super-app backed by Times Internet, crossed $500M in annual remittance volumes served by integrating Monad blockchain infrastructure for faster, cheaper cross-border settlement.
WHY IT MATTERS
Production-scale remittance flow on blockchain validates DLT economics for high-volume corridor payments. Model replicable across underbanked emerging-market corridors; signals disruption of traditional SWIFT/correspondent infrastructure.
Source: Finextra · 2026-08-26