Bank of Italy Finds Stablecoins Lack Consistent Cost Edge in Remittances

As reported by Cointelegraph, the study attributed most of the variation in stablecoin remittance costs and settlement times to fiat conversion expenses and payment infrastructure rather than to blockchain fees themselves.

BitKE reported that the study also framed its approach within a growing body of empirical research on stablecoins, focusing on where cross-border stablecoin flows are located, on measuring genuine economic activity by excluding non-economic on-chain flows such as bot-driven activity, high-frequency trading and intra-exchange transfers, and on assessing end-to-end costs.

Binance says it is probing a possible security breach after on-chain data showed large asset flows to new wallets, with reports citing figures between $5.8 billion and over $6 billion.