Report: Stablecoin remittances cost 84% less than traditional remittances; stablecoin remittances are becom…
Attention and money are both moving this way: Report: Stablecoin remittances cost 84% less than traditional remittances. Stablecoin remittances are 84% cheaper than traditional remittances, especially in emerging markets, highlighting digital dollars as one of the main use cases driving growth in payment activity. According to a report by Borderless.xyz, the median cost of sending a $200 remittance through stablecoin payment channels is 1%, or $2, compared with a median of 6.36%, or $12.72, for traditional remittances. Who is entering the space and who is watching matters more than slogans.
Attention and money are both moving this way: Report: Stablecoin remittances cost 84% less than traditional remittances. Stablecoin remittances are 84% cheaper than traditional remittances, especially in emerging markets, highlighting digital dollars as one of the main use cases driving growth in payment activity. According to a report by Borderless.xyz, the median cost of sending a $200 remittance through stablecoin payment channels is 1%, or $2, compared with a median of 6.36%, or $12.72, for traditional remittances. Who is entering the space and who is watching matters more than slogans.