๐ Stablecoin transfers cost 84% less than banks
International payments using stablecoins reduce costs by 84% compared with traditional bank transfers, according to a Cointelegraph report citing data from Borderless.xyz. These savings and faster settlement times could drive the use of stablecoins for remittances and cross-border payments.
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Source: Cointelegraph ยท https://cointelegraph.com/news/stablecoin-remittances-cost-savings-traditional-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
International payments using stablecoins reduce costs by 84% compared with traditional bank transfers, according to a Cointelegraph report citing data from Borderless.xyz. These savings and faster settlement times could drive the use of stablecoins for remittances and cross-border payments.
#CryptoNews
Source: Cointelegraph ยท https://cointelegraph.com/news/stablecoin-remittances-cost-savings-traditional-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound