@timesunion
Major scaling upgrades have drastically reduced onchain transaction costs
In some cases they have dropped by *over 99%.*
Sending USDC on Coinbase’s Base costs less than a cent on average.
Compare that to the $44 on average that it costs to send an international wire transfer.
📜: https://a16zcrypto.com/posts/article/state-of-crypto-report-2024/