ChainCatcher reports that the third-quarter report released by stablecoin payments network Borderless.xyz shows that the median cost of sending a $200 remittance through stablecoin payment rails is 1%, or $2. According to World Bank data, the median cost of traditional remittance channels is 6.36%, or $12.72. This means stablecoin remittances cost around 84% less. The comparison uses Borderless’s pricing for the third quarter of 2026 and World Bank data for the same period in 2025.

The cost advantage is also significant in emerging markets. Stablecoin remittance costs are 2.9% in Sub-Saharan Africa, compared with 8.46% for traditional transfers; in Latin America, the respective figures are 1.25% and 5.64%. For business payments, fees for a $10,000 stablecoin transfer to the eurozone can be as low as $26 with the lowest-cost provider, and $52 with a median-cost provider. A traditional international bank wire for the same amount costs $135 to $150, including the transfer fee and a 1% foreign exchange spread.

In terms of settlement speed, the report says stablecoin payments can reach recipients’ local bank accounts within minutes. In the third quarter, the median settlement time was 2 minutes for Brazil’s PIX network, 3 minutes for Mexico’s SPEI, and 2 minutes for Colombia’s PSE. Traditional SWIFT transfers typically settle the next day, while the slowest 10% take 3 business days. Payout success rates vary considerably: 98.6% for Mexico’s SPEI, 97.8% for Brazil’s PIX, 79% for Colombia’s PSE, and just 73% for Costa Rica’s SINPE. Standard Chartered recently noted that although the stablecoin market’s total capitalization has grown relatively slowly this year, transaction volumes continue to rise. It forecasts that the market will reach $2 trillion in 2030, two years later than previously predicted.