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It takes 1/10th the time to initiate a funds transfer via crypto (eg. Bitcoin) as it does to effect the same wire transfer or ACH using most banks's treasury management systems. This, and the fees can be less depending on the token used; but are considerably less if the transfer is cross-currency. The transit time is about the same if BTC is used, less if one were to use XLM (Stellar) for example.


Where I am from, money transfers are free and instant


Money transfers take less than 10 seconds where I am, don't project your countries antiquated banking systems onto the rest of the world.




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