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Miya_Rose
In the traditional financial system, the cost of cross-border remittances can be as high as 10%, which is too high. Now, many cross-border e-commerce business owners in Yiwu, China, are using the stablecoin USDT for payments and receipts, as it offers fast settlement and low transfer costs.
The scale of stablecoin cross-border payments is very large, and I hope CRCL can also enter the ordinary people's remittance and payment business in the future. Currently, U.$ETH #FedSeptemberMinutes
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