You can exchange USD to crypto with a spread of 0.1% (which statistically will be in your favor at least sometimes). Transfer is dirt cheap if you dont use the

You can exchange USD to crypto with a spread of 0.1% (which statistically will be in your favor at least sometimes). Transfer is dirt cheap if you dont use the known high fee blockchains like BTC/ETH. A realistic fee is less then 1 cent per Tx. Then crypt back to fiat same thing 0.1% spread. Lets assume a worst case and you loose 0.5% for the 2 exchanges and 1 cent for the fee. So for 100 USD send that would mean 99.49 USD is revived For comparison moneygram's cheapest option for 100 USD to MXN would cost $2 fee (debit card fees not included and the exchange rate (spread) is unknown they give you whatever they want but certainly not anything better than 0.1%) So $102 send and less than $100 will be received and it takes up to 2 business days while the crypto solution takes minutes. Worst case example is still 4+ times cheaper while completely ignoring the exchange rate because you cant know in advance. And there are way more exotic currencies than MXN which makes the exchange more expensive. Not for crypto tho. If there is a market you get the real market exchange rate as is. The global remittance market moves billions with double digit growth yearly. If just a tiny fraction of all people use crypto for this (and they do) their saving sum up to millions.