🌐 Every cross-border transaction can cost up to 13%.
For many people around the world, sending money abroad is expensive. And the culprit is remittance fees.
They are comprised of three parts:
• Upfront transfer fees
• Hidden exchange rate markups
• Intermediary and receiving bank fees
So in the end, your $200 sent actually ends up being less.
WeFi Onchain Financial Infrastructure changes everything. 💥
Transactions are sent via the blockchain rather than a traditional bank, with local currencies backed 1:1 by Stablecoins. Block removes multiple intermediaries, making transfers faster, more transparent, and significantly more cost-efficient.
Your money arrives faster, cheaper and in full.
That is WeFi. ⚡️
Learn more ➡️ gitbook.wefi.co
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