CoinOtag
2025-11-19 20:05:32

DeFi Could Save Up to $30 Billion Yearly on Remittance Costs, Per Advocacy Group

DeFi technology could save up to $30 billion annually by reducing remittance costs for unbanked individuals worldwide, according to the DeFi Education Fund. This reduction, potentially up to 80%, leverages blockchain to eliminate intermediaries and lower fees on international money transfers. DeFi targets high remittance fees that burden low-income workers sending money home. By removing

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