Bank of Italy study finds stablecoins offer no clear cost edge in remittances

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A Bank of Italy research study has challenged the common assumption that stablecoins provide cheaper cross-border money transfers. Using a mystery-shopping experiment, researchers examined the real-world costs of sending remittances via stablecoins. The study found that exchange fees, foreign exchange spreads, and banking infrastructure costs erode any potential savings. As a result, stablecoin-based remittances frequently end up costing senders as much as traditional transfer methods.

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