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Stablecoins Challenge Traditional Remittances, Experts Predict Market Shift

1/17/2026

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Summary

Story summary

Remittance flows total about $900 billion annually.
Stablecoins offer cheaper options than traditional remittance systems, which can charge fees over 6%.
Experts weigh whether Western Union or Kraken will dominate the evolving global market.
The Genius Act creates a regulatory framework, boosting stablecoin interest and potentially lowering costs for users.

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Story summary

Remittance flows total about $900 billion annually.
Stablecoins offer cheaper options than traditional remittance systems, which can charge fees over 6%.
Experts weigh whether Western Union or Kraken will dominate the evolving global market.
The Genius Act creates a regulatory framework, boosting stablecoin interest and potentially lowering costs for users.