Experts Predict Crypto Will Save Americans Billions in Remittance Fees Every Year – Here's What You Need to Know

Crypto could save Americans billions of dollars in costs related to remittance payments to places like Asia and Latin America, data compiled by Coinbase shows.
According to a blog post published by Coinbase this week, Americans spend more than $12 billion a year on fees alone related to remittances.
The remittance payments were described as a “vital lifeline for underbanked communities,” but could have been done both faster and much cheaper if crypto was used, Coinbase said....
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