Stablecoins Erode Traditional Remittance Fees

The traditional remittance model relies on a network of correspondent banks that extract value from global capital flows. This results in tens of billions lost to intermediaries, disproportionately affecting workers in developing economies.

Shifting global capital via blockchain rails alters the cost structure of remittances. Stablecoin infrastructure offers lower fees and faster settlements compared to traditional methods. Binance Co-CEO Richard Teng believes that this shift reflects a broader transformation in financial infrastructure.

Stablecoins have moved $11 trillion in 2025, with half of financial institutions using them for cross-border payments. The liquidity foundation is ready to support low-cost transfers at a global scale.