borderlessreport

A Borderless.xyz report shows that sending a $200 remittance via stablecoin rails costs a median of 1%, or $2, compared with 6.36%, or $12.72, for traditional transfers, making stablecoin remittances roughly 84% cheaper. In Sub‑Saharan Africa the stablecoin cost is 2.9% versus 8.46% for traditional routes; in Latin America it is 1.25% versus 5.64%. A $10,000 stablecoin transfer to the eurozone can be as low as $26 through the cheapest provider, versus $52 at the median provider, while a traditional bank wire for the same amount ranges from $135 to $150. Settlement times are minutes on networks like Brazil’s PIX (two minutes median), Mexico’s SPEI (three minutes) and Colombia’s PSE (two minutes), though completion rates vary—98.6% for SPEI, 97.8% for PIX, 79% for PSE and 73% for Costa Rica’s SINPE. Traditional SWIFT transfers usually arrive the next business day, with the slowest 10% taking three days.

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