Cross-Border Payments on Crypto Infrastructure: The $857 Billion Opportunity
Cross-Border Payments on Crypto Infrastructure: The $857 Billion Opportunity Behind the Financial Super App
The average cost of sending $200 internationally remains around 6-7%, with sub-Saharan Africa seeing transaction fees reach 8.78% per transfer.
Across the$857 billion annual remittance market this friction represents tens of billions in capital lost to intermediaries. These structural inefficiencies are born disproportionately by workers in developing economies who can least afford them. This poses a persistent barrier to upward mobility.
Many firms and individuals routinely lose 6-7% on standard cross-border payments after accounting for bank fees and FX markups as well as middleman processing. The traditional remittance model relies on a fragmented network of correspondent banks that systematically extract value from global capital flows through hidden spreads and delayed settlements.
How Stablecoin Settlement Changes the Economics
Shifting global capital via blockchain rails alters the fundamental cost structure of remittances. A transfer using USDT...
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