Everex is a blockchain project managing cross border bills, foreign money conversion, and remittances. It began as every other task intended to financial institution the unbanked and in 2016 carried out a a hit pilot which proved the viability in their remittance machine, allowing loads of Burmese migrant people to switch a complete of 850,000 THB from Thailand returned domestic to Myanmar. because that preliminary pilot the assignment has expanded its undertaking and is presently targeted on small and medium-sized businesses, but nevertheless stays committed to providing offerings for people as well. real-time settlements on go border transactions and security from the blockchain are of the strengths of the undertaking. Everex functions on the Ethereum blockchain and works by way of developing diverse stablecoins pegged to the cost of corresponding fiat currencies. This permits people and SME’s to without difficulty and fast switch cash regionally and around the world.