Guys, can you tell me if any of you have used stablecoins for international transfers? I've come across this situation: I have a relative abroad and we would like to send small amounts to each other regularly. Bank transfers are too long and have high fees. A friend advised me to try steblecoins, saying they are faster and cheaper, but I don't fully understand how it works. Are there any nuances to consider before using them?

A friend and I recently used stablecoins to transfer funds to his relatives in another country. It really turned out to be faster and more profitable than a bank transfer. The key is to choose a reliable stablecoin and platform. If you are interested, here is the link where I found information about this process: https://midhudsonnews.com/2024/10/22/how-stablecoins-are-transforming-crypto-banking-solutions/. They explain in detail how stablecoins can help with transfers. It is important to check the fees and the exchange rate in advance to avoid overpaying. I think that if you understand the details, it is a really good alternative.

It is interesting to see how crypto is becoming a part of travel. A few years ago, few people thought about it. Now you can do without banks and withdraw money in almost any country. You can feel the progress.