Stablecoin remittances cost 84% less than traditional transfers, report finds
Summary
A recent industry report indicates that cross-border business payments made with stablecoins are significantly cheaper and faster than traditional international bank wires. The data shows that digital asset transfers achieve major cost reductions compared to conventional remittance methods.
Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.
Source: Read the full story at Cointelegraph.com News
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