[Report: Stablecoins can reduce cross-border remittance costs to within 1%] According to Keyrock's report, the cost of cross-border remittance of $200 by traditional banks is about 12.66%, MTOs (remittance operators) are about 5.35%, and mobile operators are about 3.87%. However, stablecoin platforms can reduce the cost of similar transfers to less than 1%, greatly improving the efficiency of fund circulation.