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Conversation

Matteo Leibowitz

think cross-border FX might be the most exciting crypto-enabled use case in 2023 massive market and the cost savings/settlement advantages are very real check out the full paper from

and

's paper here: papers.ssrn.com/sol3/papers.cf

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1b. Our research estimates that on-chain stablecoin transactions can reduce remittance costs by as much as 80% relative to existing payments infrastructure. Eg. Cost for a $500 remittance:

Remittance operators: $19

Banks = $28

On-chain FX conversion = $4.80

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5:00 PM · Jan 19, 2023

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@bitcoin4bernie

Replying to

and

Sad it’s cheapest on Tron… wen tron L2 for eth?

Replying to

and

Yeah but never with this gas fees. I can use

to send money worldwide with zero fees, why would i pay gas?

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