This Episode examine the rapidly evolving landscape of international money transfers, specifically comparing traditional wire transfers with cryptocurrency and stablecoin remittances. Multiple documents from sources like Bankrate and the World Bank highlight the traditional system's high costs—averaging around 6.5% globally—and slow processing times, noting that blockchain-based solutions offer significantly lower fees (often 1–3%) and near-instant settlement. Sources emphasize that cryptocurrency promotes financial inclusion by providing access to the unbanked, who only require internet access and a digital wallet, while traditional wire transfers often require bank accounts. Although crypto is framed as a transformative, faster, and cheaper alternative, especia ...