What is "it"? There are thousands of cryptocurrencies, many pegged to fiat. There's no shortage of price-stable options, but this isn't so relevant for this kin

What is "it"? There are thousands of cryptocurrencies, many pegged to fiat. There's no shortage of price-stable options, but this isn't so relevant for this kind of remittance anyway as typically the crypto will only be held briefly each end. In these situations, someone gets a salary, they immediately send it to a hungry family, who then straightaway pays for essential items with it. Latency is important, sometimes more than cost, as having anything arrive is preferably to being completely without due to a lost transfer. Unfortunately WU fees of 15% or sometimes more are common in poor regions. It's costly because payment corridors in those regions (which is not as simple as country A - country B) are so unreliable - money literally disappears on the way - that the only way it can be done for small value transfers is to hike up the fees to subsidise the losses. You might get a reasonable seeming quote for major centres, but actually go through the process and fill in the details for more out of the way locations and you'll find very different prices. WU and banks all also silently charge another 1-3% on FX rates, this is well-known and uncontroversial - visit wise.com for an accurate overview. (Wise is actually a pretty good traditional-finance-backed solution to these problems for some regions. They did also trial transfers with a crypto back-end for a while, not sure if anything came of it.)