Sending $200 abroad for 2.18%? That's the new IMF number for stablecoin remittances.
An IMF study (via COINOTAG) puts the cost of a $200 stablecoin remittance at 2.18%, well below what traditional money-transfer channels typically charge on small transfers.
While the market argues over hacks and ETF outflows, this is the quiet use case that keeps growing: cheap, fast cross-border payments on $USDT and $USDC rails.
My take: the real test is the last mile. Cheap on-chain transfer means little if cashing out locally is costly.
Would you use stablecoins to send money home, and what would convince you: lower fees, speed, or easy cash-out?
#Stablecoins #Remittances #IMF #Crypto
An IMF study (via COINOTAG) puts the cost of a $200 stablecoin remittance at 2.18%, well below what traditional money-transfer channels typically charge on small transfers.
While the market argues over hacks and ETF outflows, this is the quiet use case that keeps growing: cheap, fast cross-border payments on $USDT and $USDC rails.
My take: the real test is the last mile. Cheap on-chain transfer means little if cashing out locally is costly.
Would you use stablecoins to send money home, and what would convince you: lower fees, speed, or easy cash-out?
#Stablecoins #Remittances #IMF #Crypto