🚨 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
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