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Stablecoin remittances cost 84% less than traditional transfers, report finds

Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.

Stablecoin remittances cost 84% less than traditional transfers, report finds
Cointelegraph
AI summary

A report from Borderless.xyz finds that stablecoin-based remittances cost 84% less than traditional cross-border transfers and settle faster than international bank wires. The data highlights a concrete cost and speed advantage for stablecoins in business payments. Traders may view this as incremental positive adoption news for stablecoin infrastructure, though it is an industry report rather than a market-moving event.

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