Stablecoin remittance costs saved by 84%
2026-10-17 01:31:37
CoinMeta data: According to Borderless.xyz, the cost of stablecoin remittances is 84% lower than that of traditional remittances. The report shows that for a stablecoin remittance of $200, the median fee is 1% ($2), while the fee for traditional remittances is 6.36% ($12.72). In Sub-Saharan Africa, the fee for stablecoin remittances is 2.9%, compared to 8.46% for traditional remittances; in Latin America, they are 1.25% and 5.64% respectively. Stablecoin remittances not only save costs but also arrive in accounts more quickly. In Brazil, remittances through the Pix network take an average of two minutes to be credited to the account.
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Source:Cointelegraph
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