Stablecoins Cut Remittance Costs by 84% Compared to Traditional Transfers
Photo: Crypto Economy
TL;DR Stablecoin-funded remittances cost a median of 1%, compared with 6.36% for traditional transfers, according to Borderless.xyz data. Cross-border payments using stablecoins can settle in minutes, offering a faster alternative to conventional international bank wires. Lower fees and faster settlement strengthen the case for stablecoins as practical financial tools, although payout reliability still varies across ... Read more
Source: Crypto Economy
