Bank of Italy ran $USDC payment tests across 10 corridors and basically said: meh, no big cost win. Why? Because the blockchain bit is just one piece of the puzzle.
Also turns out it's not automatically faster — depends on how good your local payment rails already are. The real headache? Still the on/off-ramps. Always has been.
Kinda reminds me of when everyone thought crypto would magically fix remittances overnight. Reality check: the last mile still matters more than the fancy middle part.
Also turns out it's not automatically faster — depends on how good your local payment rails already are. The real headache? Still the on/off-ramps. Always has been.
Kinda reminds me of when everyone thought crypto would magically fix remittances overnight. Reality check: the last mile still matters more than the fancy middle part.