CoinScoopEl Salvador to Launch Sivar App for Stablecoin Transactions on Base
The government of El Salvador is partnering with Modveon to develop Sivar, a state-backed application that allows citizens to hold, send, and receive USD-pegged stablecoins via Coinbase's Base network. The app will support remittances and require government-issued identification for user verification.
Summaries are written by AI from the original article. Not investment advice.