Stablecoin Payments Could Save Families $40 Billion Annually

The use of cryptocurrency-based stablecoins by foreign guest workers to send cash back to their home countries could save the world’s working poor families a stunning $40 billion annually in aggregate. 

That’s the most eye-popping conclusion that comes from a research report titled Stablecoin Landscape and the Remittance Use Case that I co-authored and just published with two other DeFi industry colleagues.