In 2025, global remittance fees reached an estimated $60 billion, highlighting the significant cost burden on international money transfers. Brian Armstrong, CEO of Coinbase, suggests that the adoption of stablecoins could drastically reduce these fees to nearly zero. Armstrong's comments underscore the potential of stablecoins to revolutionize the remittance industry by offering a more cost-effective alternative to traditional financial systems.
Brian Armstrong Advocates Stablecoins to Slash $60 Billion Remittance Fees
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