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Bank of Italy finds no consistent cost advantage for stablecoin remittancesResearchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.

A Bank of Italy study found stablecoin remittances often beat average remittance costs but failed to consistently outperform leading providers, with fiat on- and off-ramps driving most expenses.