According to @jessepollak, a recent on-chain transfer of USDC using the Base network to the Philippines settled instantly and incurred only $0.000409 in transaction fees. This concrete demonstration of near-zero cost and immediate settlement underlines the growing utility of stablecoins like USDC for international remittances and cross-border payments, directly challenging traditional wire transfer services. For traders, this highlights the increasing adoption of Base chain and stablecoins within the crypto ecosystem, potentially driving higher on-chain volumes and liquidity. Source: @jessepollak on Twitter, May 9, 2025.