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Garcia
@leobv
Stablecoins can be a low-cost alternative for international remittances. Pegged to assets like the USD, they offer price stability compared to volatile cryptocurrencies. Blockchain technology enables near-instant transfers with minimal fees, often under $1, versus traditional remittance services charging 6-7% on average. Decentralized networks bypass intermediaries like banks, reducing costs and delays. However, challenges remain: regulatory uncertainty, limited merchant acceptance, and the need for crypto on/off ramps can complicate usage. Stablecoins like USDT or USDC are promising for tech-savvy users in high-fee corridors, but widespread adoption requires better infrastructure and regulatory clarity.
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