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Are stablecoins for remittances truly cheaper? Bank of Italy tests say no

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2 outlets - including Crypto and Cryptonomist - are covering this story. Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving most fees across 10 corridors.

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Stablecoin remittances hit 9% in Bank of Italy test
Crypto.news Jul 31, 12:35 UTC

Stablecoin remittances hit 9% in Bank of Italy test

Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving most fees across 10 corridors.

Are stablecoins for remittances truly cheaper? Bank of Italy tests say no
Cryptonomist Jul 31, 05:24 UTC

Are stablecoins for remittances truly cheaper? Bank of Italy tests say no

The promise of stablecoins as a cheaper, faster alternative to traditional money transfers is one of crypto’s most repeated selling points. But a new study from the Bank of Italy, published on July 30, 2026, puts that claim to a serious emp…