INSIGHT · EU
Bank of Italy finds stablecoins offer no cost or speed edge for remittances
Researchers at Banca d'Italia (Italy's central bank) found no systematic cost or speed advantage for stablecoin-based remittances vs. traditional cross-border payment channels. Challenges fintech narrative of blockchain disruption in this segment.
WHY IT MATTERS
Regulatory data undermines crypto-remittance hype; BFSI can confidently prioritize traditional rails and CBDC pilots over stablecoin integrations for cross-border payments.
Source: Finextra · 2026-08-19