Bank of Italy finds no consistent cost advantage for stablecoin remittances
CoinTelegraph·
60-second summary
Researchers at the Bank of Italy discover that stablecoin remittances do not consistently offer a cost advantage over traditional methods, with fiat conversion costs and payment infrastructure being the main contributors to differences in costs and settlement times, not blockchain fees, which are often cited as a benefit of stablecoin transactions in the global remittance market.
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.