In short

  • El Salvador is backing a new app for transferring stablecoins, not Bitcoin.

  • The Sivar app charges a flat fee of $2 to send money from the US home.

  • Bitcoin remains in the national reserve, according to the app developer.

Read the original story: Is El Salvador abandoning Bitcoin after 5 years? by Lockridge Okoth on es.beincrypto.com

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