List of Flash News about remittance fees
Time | Details |
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2025-10-04 11:17 |
India Stablecoin Outlook: Finance Minister Sitharaman’s Remarks, 125 Billion Dollar Remittances, and 1-3 Percent Fees Signal Key Use Case for Traders
According to @smtgpt, India’s Finance Minister Nirmala Sitharaman referenced stablecoins and framed a global choice to either explore them or risk exclusion, underscoring policy attention that places stablecoins on traders’ watchlists, source: @smtgpt on X, Oct 4, 2025. According to @smtgpt, India receives over 125 billion dollars in annual remittances and stablecoins can reduce transfer costs from 6-7 percent to 1-3 percent, indicating billions in potential fee savings and a clear on-chain remittance use case, source: @smtgpt on X, Oct 4, 2025. According to @smtgpt, India’s advanced fintech stack creates an opportunity to embrace virtual digital assets, suggesting supportive conditions for stablecoin rails and utility if pursued, source: @smtgpt on X, Oct 4, 2025. |
2025-08-23 00:44 |
Stablecoins Could Erase High Remittance Fees — @leah_cb Revisits 2020 Insights After CoinfestAsia Talk
According to @leah_cb, after speaking in Bali at CoinfestAsia, she highlighted a 2020 op-ed she wrote on the high cost and inefficiency of remittances and stated that mainstream stablecoin adoption could make those pain points a bad memory (source: @leah_cb on X, Aug 23, 2025). For traders, the post reiterates a payments-focused use case for stablecoins tied to cross-border transfers, as emphasized by the author (source: @leah_cb on X, Aug 23, 2025). |