Stablecoin remittances cost 84% less than bank transfers
- —A $200 stablecoin transfer costs $2 (1%) versus $12.72 (6.36%) via traditional channels
- —Latin America fees run 1.25% versus 5.64%; Sub-Saharan Africa 2.9% versus 8.46%
- —A $10,000 business transfer to the eurozone costs $26–52 versus $135–150 by bank wire
- —Settlement via PIX, SPEI and PSE takes 2–3 minutes; SPEI success rate is 98.6%, SINPE 73%
Why it matters: Growing stablecoin transfer volumes cement their role as payment infrastructure and support forecasts of a market above $2 trillion by 2030.
Source: Bit2Me News