Hey there. I work at a non profit and we help people throughout the world who are discriminated against, oppressed, and even killed for their ideals and beliefs. We have bases throughout the world and we transfer money to each of these bases. However, with governments/private banks being corrupt in these countries, sometimes these transfers are ceased.
We would like to utilize crypto currency to solve our problem. Do you have any ideas on the below question?
1.) What would be the best currency to use for international transfers from the US to places like India, North Korea, the Middle East.
2.) How could the recipients turn their crypto into cash without going through a bank? For example, if we sent 10,000 worth of Rupee to India via crypto, how would the end user convert this into Rupee in their country?
Thanks for any and all help!
You can use many options to send money abroad. Bitcoin, ethereum, dogecoin for example is a good example. Or you can use stablecoin like USDT. Btw, to avoid using banks in receiving cash after we convert our cryptos will be very difficult. Even peer to peer transactions will require a bank account at the end unless both the seller and the buyer know each other in real life.