Solana
Western Union and MoneyGram bet big on stablecoin remittances to slash fees
The Cryptonomist·September 14, 2026·1 min read
A Solana Foundation report argues stablecoins are dismantling the old remittance model, which charges an average 6.49% fee on $200 transfers and takes three to five business days. Western Union and MoneyGram are betting big on stablecoin remittances to slash fees.
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