OnchainDataNerd: USDT costs as low as $0.30 in cross-border payments

OnchainDataNerd states that the cost of sending $1,000 to other countries today is as follows: bank wire transfers cost between $25 and $45, credit card costs between 1.5 and 2.5 per cent and transfer costs more than 6 per cent ($60 or more). The same US$ 1,000 US$ 1,000 sent through the Tron network at a cost of about US$ 0.30. During the second quarter, Tron processed $2.1 trillion in transactions at a cost of approximately $699 million at a processing rate of 0.03 per cent. In his view, payment was a trade-volume-based game with little profit, so the cheapest neutral channel of payment would win the flow, and the money would often stay there once settled somewhere。