Binance Pay: $87B Stablecoin Transfers Hit
Binance Pay stablecoin transfers reach $87B across 34M users, saving over $5B versus World Bank average remittance cost of 6.36%.
SourceAnalysis
Binance Pay processed US$87B in cross-border transfers for 34M users at near-zero fees, saving over US$5B compared to the World Bank's average remittance cost of 6.36%. Those savings stayed with senders instead of intermediaries. Binance Pay stablecoin remittance volume growth shows stablecoins already dominate real transfers at scale. World Bank average remittance cost methodology highlights how stablecoin impact studies confirm lower costs versus traditional rails.
Binance Research
@BinanceResearchAs the official research arm of Binance, this account publishes institutional-grade analysis and in-depth reports on digital assets, blockchain ecosystems, and Web3 technologies. The content delivers data-driven insights into market trends, protocol developments, and macroeconomic factors influencing the cryptocurrency industry.