Stablecoin payments are fast, but costly to cash out
- —Bank of Italy: full cost of a $200 stablecoin transfer ranges from 0.30% to about 9%
- —On-chain transfer is a small share; buying and selling tokens drive most costs
- —BVNK: freelancers and gig workers receive about 35% of income in stablecoins
- —World Bank average remittance cost in Q3 2025 was 6.36%
Why it matters: As long as off-ramping is expensive, stablecoins struggle to compete with banks for mass payments and payroll.
Source: BeInCrypto AR