Stablecoins offer little cost or speed advantage for remittances - Banca d'Italia
Stablecoins show no systematic cost advantage over traditional remittance channels for cross-border payments, researchers at Banca d'Italia have found.
Stablecoins show no systematic cost advantage over traditional remittance channels for cross-border payments, researchers at Banca d'Italia have found.
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Why it matters
The Banca d'Italia finding that stablecoins offer little cost or speed advantage for remittances is a noteworthy research insight but does not represent a regulatory change, market-moving event, or systemic shift; it mainly confirms existing skepticism and has limited immediate impact on credit markets.
Sources
Finextra
Stablecoins offer little cost or speed advantage for remittances - Banca d'Italia
Stablecoins show no systematic cost advantage over traditional remittance channels for cross-border payments, researchers at Banca d'Italia have found.