BUSINESSR/DEFI
Stablecoin Remittance Will Kill Western Union Before DeFi Replaces Banks
The article argues that stablecoin-based remittances could disrupt traditional services like Western Union before DeFi disrupts banks, citing advantages like low fees, instant transfers, and borderless access. It questions why adoption hasn't accelerated, pointing to regulation, on/off-ramp friction, and user experience challenges.
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