Stablecoin Use Cases DB
Commercial Bank: Remittance fee + Cable fee + Intermediary fee + Receiving fee (Total $30~$50 estimated) Stablecoin: Exchange withdrawal fee + Blockchain gas fee (Total $1~$5 estimated, depends on network conditions)
RemittanceBeginnerVerified
Based on verifiable sources such as real services or official documentation.
Overseas Remittance & Fee Comparison
Introduction to cheaper and faster international transfers than banks.
Advantages of Stablecoin Remittance
Traditional bank transfers (SWIFT) are expensive and take a long time (2-5 days) because they go through intermediary banks. On the other hand, using stablecoins takes only a few minutes and the fees are very low.
Remittance Process
1. Buy Coins at Domestic Exchange: Buy coins with fast transfer speeds like XRP or TRX with local currency and send them to an overseas exchange (or use USDT/USDC directly if available).
2. Swap to Stablecoin: Convert the received coins to USDT or USDC at the overseas exchange.
3. Send to Personal Wallet: Send stablecoins to the recipient's wallet address.
4. Exchange to Local Currency: The recipient sells the stablecoins at a local exchange and withdraws local currency.
Fee Comparison (Example: Sending $1,000)
Related Tags
#송금#수수료비교#네트워크선택
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