A third-quarter report from Borderless.xyz found that sending a $200 remittance via stablecoin rails costs a median 1% ($2), versus 6.36% ($12.72) for traditional transfers, roughly 84% cheaper. The gap is wider in emerging markets, with stablecoin costs at 2.9% in Sub-Saharan Africa versus 8.46% traditionally, and 1.25% in Latin America versus 5.64%. For a $10,000 business transfer to the eurozone, the lowest-cost stablecoin route costs as little as $26, compared with $135 to $150 for a traditional international wire. Stablecoin payouts can reach local bank accounts in minutes, with Brazil’s PIX settling in a median two minutes, while SWIFT transfers typically take a business day; completion rates vary, from 98.6% on Mexico’s SPEI to 73% on Costa Rica’s SINPE.
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