Cryptocurrency remittances in developing countries often have lower fees than traditional banks. In Mexico, Bitso processed $3.3 billion in US-Mexico remittances with fees under 1%, compared to banks’ 12% average. In sub-Saharan Africa, BitPesa offers fees of 1-3%, while bank transfers to countries like Angola can cost up to 20%. In the Philippines, Coins.ph uses PayPal USD for cross-border transfers, slashing costs. In Venezuela, crypto remittances via platforms like Zelle bypass high bank fees amid economic instability. These cases show crypto’s potential to cut costs, enhance speed, and improve financial inclusion for the unbanked, though challenges like volatility and regulation remain.