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Sheel: So if I send $1,000 from the US to my cousin in India via stablecoins, what would she get in INR?
Brian: She'd get ₹83,000 worth. And the best part — it's basically free.
Sheel: Basically free, or free?
Brian: Free. Stablecoins make remittance fees go to zero.
Sheel:
How can stablecoins reduce remittance fees to zero?
makes no sense to me whatsoever.
The bulk of remittances $ is migrant workers sending money to family, from US->Mexico, US->India, Gulf->India
Stablecoins can make the money-movement leg much cheaper/near-zero but that isn't












