According to RemitRoutes data, sending JPY to South Korea (KRW) currently costs as little as 1.55% via crypto/stablecoin rails versus 0.28% via the cheapest traditional provider. 7 providers tracked, updated every 6 hours.
| Provider | Type | All-in cost |
|---|---|---|
| Remitly | Traditional | 0.28% |
| Instarem | Traditional | 0.70% |
| Wise | Traditional | 1.07% |
| Upbit | Crypto | 1.55% |
| Bithumb | Crypto | 1.71% |
| Rakuten | Traditional | 3.63% |
| SMBC | Traditional | 3.67% |
All-in cost = transfer fee + FX markup on a $1,000-equivalent transfer, measured live and updated every 6 hours. All corridors · methodology.