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-funded remittances continue to offer substantial cost savings over traditional money transfers, particularly in emerging markets, reinforcing one of the leading use cases for digital dollars as payment activity grows. According to a new third-quarter…

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Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report

Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins. Stablecoin issuer Circle is seeking to enter about 40 developing markets, according to the company’s CEO and ​chairman, Jeremy Allaire. “We’re kind of going through an inflection point…a transition right now, ‌and that transition is essentially moving from the…

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