$USDC BenefitsSpeed: Transactions settle in seconds or minutes, unlike traditional bank transfers that can take days.Cost Efficiency: Fees are significantly lower, often 0.5-3% compared to 6.35% for traditional remittances, potentially saving billions annually.Global Reach: Stablecoins enable 24/7 borderless payments, bypassing intermediaries like banks and payment networks.Transparency: Blockchain ledgers provide auditable records, reducing fraud and enhancing compliance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.