Stablecoins Not Always Cheaper for Remittances | Business and Finance News

Italy’s central bank just dropped a bombshell study showing stablecoins like USDC aren’t the cheap, fast remittance solution they’re cracked up to be—especially for small transfers. When compared to traditional money transfer services on routes like Italy to Argentina or South Africa, stablecoins didn’t win on cost, sometimes even costing more. Experts say the real savings kick in only at massive transaction sizes—like $100K+—where fees start to even out. The catch? Blockchain transfers are fast and low-cost, but the real pain points are the expensive “on- and off-ramping” fees that bridge crypto and traditional banking. Think of it as a highway with free lanes but jammed toll booths. Industry insiders see this not as a failure, but as a sign the infrastructure needs to mature—just like container shipping did decades ago. For now, stablecoins shine where traditional systems fail: high-fee corridors or unstable economies. The future? A hybrid world where stablecoins coexist with banks—not replacing them, but adding another tool to the toolbox. The real challenge? Making all these systems work together seamlessly so users can move money efficiently, no matter the tech underneath. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d74ac51c1d545c8e