@dipedas

One of my country's major sources of income is remittance Most people in countries like ours go abroad for better income, while their families stay back home. So a large portion of their salary has to be sent back every month. For this, they mostly rely on the banking system where money takes days to arrive and on top of that, you pay a high fee Just to send $200 from the US to Bangladesh, the fee ranges from $10 + depending on the provider. That's before the money even reaches your family If this same transfer is done onchain on @base the median fee is less than $0.01. And it settles in seconds 365 days a year, 24 hours a day No waiting. No middlemen. No $10+ cut Honestly, the government needs to move beyond this outdated banking system and shift onchain so that people don't have to keep losing money just to send money home Data source: World Bank Remittance Prices Worldwide

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