LOWVulnerability
Global

Fintechs top banks and stablecoins for cheap cross-border payment - BIS research

·Source: Finextra

Updated:

Executive Summary

Cross-border payments remain slow and expensive but fintech outfits such as Wise and Remitly have substantially cut costs relative to traditional retail bank wires while stabelcoins still suffer from issues with friction, according to BIS research.

Analysis

Cross-border payments remain slow and expensive but fintech outfits such as Wise and Remitly have substantially cut costs relative to traditional retail bank wires while stabelcoins still suffer from issues with friction, according to BIS research.
Source Attribution

Originally published by Finextra on Oct 22, 2026.

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