Bank of Italy: Stablecoin remittances offer no clear advantage over traditional payments

🚨 Bank of Italy found no clear cost or speed advantage using stablecoin remittances. 💡 Stablecoin transfer fees ranged from 0.3% to 9%, mainly due to exchange and conversion costs. 📈 The $USDC market surged, with stablecoins rising to $307 billion in total value. 🌎 The study highlights stablecoin remittances face hurdles without instant payment rails. Continue Reading:Bank of Italy: Stablecoin remittances offer no clear advantage over traditional payments The post Bank of Italy: Stablecoin remittances offer no clear advantage over traditional payments appeared first on COINTURK NEWS.