Ruka hadi maudhui makuu
727 Finance
Kiswahili

Report: Stablecoin remittance costs are 84% lower than traditional methods.

PANews October 17 news, according to Cointelegraph, the latest third-quarter report from stablecoin payment network Borderless.xyz shows that the median cost of sending a $200 remittance through stablecoin channels is only 1% (about $2), while the traditional remittance cost is 6.36% (about $12.72), making the stablecoin solution about 84% cheaper. Savings are even more pronounced in emerging markets: in sub-Saharan Africa, the stablecoin remittance cost is 2.9%, compared with 8.46% for traditional remittances; in Latin America, they are 1.25% and 5.64%, respectively. On the enterprise payments side, for a $10,000 transfer to the euro area, the lowest stablecoin cost is only $26, while a traditional bank wire transfer requires $135–150.

In addition, stablecoin payments settle faster, with a median time of only 2 minutes on Brazil's PIX network and 3 minutes for Mexico's SPEI, while traditional SWIFT usually requires the next business day. The report notes that stablecoin transaction activity continues to grow and is becoming an important use case for cross-border payments.

Habari zinazohusiana

  1. Round Coin Technology imeshirikiana na HashKey On-Chain, na stablecoin RDUSD itasambazwa kwenye HSK Chain.

  2. Weekly Preview | U.S. Midterm Elections, Nonfarm Payrolls, Apple Earnings on Deck; Bitway (BTW) to Unlock Over $100 Million in Tokens

    "November 02" SOL treasury company DeFi Development raises annual dividend rate on its preferred stock CHAD to 14%

  3. OnePay yazindua huduma ya kuweka stablecoin, ikisaidiwa na Stripe.

  4. Ugavi jumla wa sarafu thabiti umeshuka hadi dola bilioni 298.5, kiwango cha chini kabisa tangu Agosti.

  5. Kiasi cha hisa za Ethereum kwa ajili ya staking kinafikia kiwango kipya cha juu cha ETH milioni 43.8, mavuno ya mwaka kwa robo ya tatu yashuka hadi asilimia 2.63