Asia Broadband Inc. (OTCMKTS: AABB) has announced that it will establish a presence in Central America, thus creating AABBG token demand in El Salvador. The company recently launched a minted mine-to-token gold-backed cryptocurrency AABB Gold token.
AABBG token targeting merchants in El Salvador
Major Salvadoran merchants will be the target population for acceptance and agreement processing for client purchases with AABBG tokens. The business development concept is geared towards providing retailers and customers with discount incentives and substantial commission to complete transactions with AABBG and promote usage increases. The AABBG developer is working on a Spanish version of the AABB Wallet and a forthcoming exchange, which will be launched soon as practicable. In addition, AABB plans to construct a satellite office in El Salvador in the future to operate as AABBG’s Central and South American business development and marketing hub.
El Salvador recently adopted BTC ads legal cash.
El Salvador’s recent acceptance of Bitcoin as legal cash and momentum toward it has resulted in a cryptocurrency-focused economy and a huge growth prospect for AABBG and the AABB Wallet. With over 6 million people, around 70% of Salvadorans lack bank accounts or bank cards, but they do have access to mobile phones and internet connectivity, allowing them to use digital wallets. Also, over 2 million Salvadorans reside in the US transfer $5 billion to El Salvador each year, accounting for around 20% of the country’s GDP.
Sending and receiving the money from the US takes time, and sometimes it costs up to 50% in services charges and total fees. Fortunately, the simple access, low-cost, and speedy transfers of crypto via digital wallets will save transacting parties substantial money and time and result in hundreds of millions of dollars in economic advantages for El Salvador.
 To Expand Presence In Central America With Its AABBG Token In El Slavador){kind=link}