Stablecoin rails also transform person-to-person (P2P) transactions, cross-border remittances included.
For a $200 transfer, banks charge the highest fees (~12.66%), while money-transfer operators (MTOs) charge ~5.35% and mobile carriers ~3.87%. By contrast, stablecoin platforms can dramatically undercut these rates👀 #CryptoObservers#
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Stablecoin rails also transform person-to-person (P2P) transactions, cross-border remittances included.
For a $200 transfer, banks charge the highest fees (~12.66%), while money-transfer operators (MTOs) charge ~5.35% and mobile carriers ~3.87%. By contrast, stablecoin platforms can dramatically undercut these rates👀
#CryptoObservers#