Stablecoin Payments Are Fast. But They Have a Cost Problem
Moving $200 through stablecoins can cost around 60 cents, or nearly $18. That was the spread in a Bank of Italy experiment across ten international payment routes. Buying and cashing out the tokens drove much of the expense; moving them on the blockchain accounted for only a small share. This is no small amount. The The post Stablecoin Payments Are Fast. But They Have a Cost Problem appeared first on BeInCrypto.
Key Takeaways
- Moving $200 through stablecoins can cost around 60 cents, or nearly $18.
- That was the spread in a Bank of Italy experiment across ten international payment routes.
- Buying and cashing out the tokens drove much of the expense; moving them on the blockchain accounted for only a small share.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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