Remitly alternative when the money home is USDT
Remitly's USDC payout leaves the recipient one step: turning the coins into local money. Unigox, a Remitly alternative for that step, lets family sell USDT or USDC held at home. To send from a bank or card, stay with Remitly.
When to stay with Remitly
Your family collects cash or wants no account
In Kenya, Remitly pays out as cash pickup, a bank deposit or a mobile wallet such as M-Pesa or Airtel Money, and the person receiving pays nothing. On Unigox the person at home opens an account, passes an identity check and is paid into their own bank or mobile money account.
You want your fee back if a transfer is late
Remitly promises delivery on time or a refund of its fees. A Unigox sale has no set time: it depends on the P2P merchant or payment business that buys the stablecoin and how fast their payment arrives.
Your transfer starts in the US
Unigox does not currently offer its services in the United States, where Remitly, Inc. sends as a money transmitter, NMLS No. 1028236, with a New York licence among others.
Remitly and Unigox for getting money to family
| Topic | Remitly | Unigox |
|---|---|---|
| Money going in | A US sender with a Remitly account pays for the USDC payout by bank account, debit card or credit card, each with its own fee. | USDT or USDC sent to the Unigox Wallet of the person at home, from another wallet or an exchange. |
| Money coming out | Cash pickup, bank deposit or a mobile wallet; in Kenya that includes M-Pesa, Airtel Money, KCB and Equity Bank. | Local money in their bank or mobile money account, paid by whoever buys the stablecoin. |
| Stablecoins | US dollars sent as USDC to a crypto wallet in Argentina or one other country, from select US states. Bridge, a Stripe company, converts them. Cashing out is left to the recipient's wallet or local options. | Takes USDT or USDC in and pays local money out in one sale. |
| Fees | USDC payout from the US:
| Built into the rate the seller sees, before they confirm. |
| Who needs an account | The sender holds the Remitly account. | The person at home. They pass an identity check before their first trade, whatever the amount. |
| Regulation | Remitly, Inc. is a US money transmitter, NMLS No. 1028236. Remitly U.K., Ltd is an e-money institution authorised by the FCA, No. 1047222. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxSwitch from Remitly in three steps
The person at home signs up
They open a Unigox account and pass the identity check, which comes before any first trade.
Send them the stablecoin
Instead of paying a Remitly transfer by bank or card, send USDT or USDC from your wallet or exchange to the deposit address in their Unigox Wallet, on the network that address shows. A wrong token or network can lose the funds.
They sell for their own currency
They choose their currency, add their bank or mobile money account and accept the rate, fee included. If a P2P merchant buys, your relative confirms the merchant's payment landed, and the trade closes.
Questions about Remitly alternatives
Is there a Remitly alternative for family who hold USDT?
Yes. If your relative holds USDT or USDC, or you send them some, they open a Unigox account and sell it there for local money. If you pay from a bank account or card, Remitly does the whole transfer for you.
Which apps like Remitly deal in stablecoins?
Remitly itself sends US dollars as USDC to crypto wallets in Argentina and one other country, through Bridge. Unigox does the opposite step: it turns USDT or USDC someone already holds into local money in their account.
Who are Remitly's competitors?
For transfers paid by bank or card: Wise, Western Union, Sendwave and Taptap Send, and we compare each of them with Unigox. When the money is already USDT or USDC, Unigox covers a different step: the person at home sells it for local money.
See all comparisonsIs there an alternative to Remitly for senders in the US?
Not on Unigox. Unigox does not currently offer its services in the United States, so from there Remitly is the route, though its USDC payout is closed to senders in New York, Alaska and Texas.
Price the sale your family would make
Unigox shows what a USDT or USDC sale pays, fee included, before anyone confirms. Hold it next to a Remitly quote for the same amount.
Remitly and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.