UAE Fuze to support remittance payments for Jazari
UAE regulated Fuze has partnered with Remit Now, Pay Later platform Jazari to support cross-border money movement using compliant blockchain technology and help modernize the region’s $200 billion remittance market.
As per the press release, Fuze and Jazari estimate that more than 30 million people across MENA, many of them underserved migrant workers, could benefit from real-time, low-cost remittance powered by regulated digital-asset infrastructure.
With fewer intermediaries, remittance through blockchain infrastructure is typically both faster and cheaper for customers. Traditional remittance systems take a global average of 6.2% in fees (according to the World Bank) – whereas blockchain rails can reduce this to less than 1%. Similarly, traditional remittance rails can take several days to clear, as opposed to near real-time settlement via blockchain rails.
Mo Ali Yusuf, CEO of Fuze explained, “Global remittance is likely to pass a trillion dollars in 2026 with up to 20% of that volume passing through the MENA region to other parts of the world. Our new partnership with Jazari will help customers at the edge of finance, enabling far more cost-effective remittance through blockchain technology.”
Hasnain A. Sheikh, CEO of Jazari added, “Our collaboration with Fuze brings us closer to delivering real-time, low-cost remittance for the millions of workers who depend on reliable financial access. By pairing our Remit Now, Pay Later innovation with Fuze’s compliant digital-asset infrastructure, we’re building a new standard for how money moves across borders. As we prepare for our UAE launch, our goal is to give migrant communities tools that are faster, safer, and designed around their real financial needs, both within the region and across the global corridors they support.”
In October 2025, Fuze, will be offering the USDG stablecoin to its clients after having joined the Global Dollar Network. USDG is fully backed and redeemable from Paxos on a one-to-one basis for US dollars. It is issued by Paxos Digital Singapore and by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA.
