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Western Union and MoneyGram bet big on stablecoin remittances to slash fees

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Sending money home from abroad still comes with a hidden tax on the world’s poorest workers: an average fee of 6.49% on every $200 transfer and a wait of three to five business days before the cash actually lands. A new report from the Sola…

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Western Union and MoneyGram bet big on stablecoin remittances to slash fees
Cryptonomist 2h ago

Western Union and MoneyGram bet big on stablecoin remittances to slash fees

Sending money home from abroad still comes with a hidden tax on the world’s poorest workers: an average fee of 6.49% on every $200 transfer and a wait of three to five business days before the cash actually lands. A new report from the Sola…

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