The real all-in cost of the stablecoin sandwich (on-ramp + blockchain + off-ramp) compared to Wise and traditional providers, Aug 24, 2026. Crypto and stablecoin rails were cheaper than banks and fintechs on 245 of 384 measured corridors (64%). Crypto rails averaged -1.43% all-in versus 0.58% for traditional providers.
All-in cost for $1,000 sent: on-ramp fee + blockchain network fee + off-ramp FX spread. Negative = recipient receives more than mid-market.
| Corridor | Sandwich cost | Wise cost | Rail | Difference |
|---|---|---|---|---|
| USD → Mexico (MXN) | -0.55% | 1.10% | Solana | +1.65 pp crypto saves |
| USD → Nigeria (NGN) | -3.28% | -2.19% | Stellar | +1.09 pp crypto saves |
| USD → Kenya (KES) | -4.04% | 1.81% | Solana | +5.85 pp crypto saves |
| USD → South Africa (ZAR) | -0.57% | 1.46% | Stellar | +2.03 pp crypto saves |
| USD → India (INR) | -2.61% | 1.21% | Lightning Network | +3.82 pp crypto saves |
| USD → Philippines (PHP) | -0.01% | 1.17% | Stellar | +1.18 pp crypto saves |
| GBP → India (INR) | -2.34% | 0.62% | Lightning Network | +2.96 pp crypto saves |
| EUR → India (INR) | -2.34% | 0.75% | Lightning Network | +3.09 pp crypto saves |
| Corridor | Crypto cost | Traditional cost | Crypto saves |
|---|---|---|---|
| EUR → PLN Poland | -12.15% | 1.35% | +13.51 pp |
| SEK → PLN Poland | -12.45% | 0.61% | +13.06 pp |
| GBP → PLN Poland | -12.15% | 0.76% | +12.92 pp |
| KRW → PLN Poland | -12.39% | 0.50% | +12.89 pp |
| USD → PLN Poland | -12.45% | 0.38% | +12.83 pp |
| HKD → PLN Poland | -12.31% | 0.48% | +12.79 pp |
| DKK → PLN Poland | -12.45% | 0.33% | +12.78 pp |
| NOK → PLN Poland | -12.45% | 0.30% | +12.75 pp |
| SGD → PLN Poland | -12.15% | 0.55% | +12.70 pp |
| CAD → PLN Poland | -12.15% | 0.30% | +12.45 pp |
| Corridor | Crypto cost | Traditional cost | Traditional saves |
|---|---|---|---|
| SAR → COP Colombia | 5.62% | 0.50% | -5.12 pp |
| BHD → COP Colombia | 5.43% | 0.50% | -4.93 pp |
| CAD → COP Colombia | 5.21% | 0.30% | -4.91 pp |
| NZD → COP Colombia | 5.43% | 0.61% | -4.83 pp |
| EUR → COP Colombia | 5.21% | 0.38% | -4.82 pp |
| GBP → COP Colombia | 5.21% | 0.39% | -4.81 pp |
| MYR → COP Colombia | 5.48% | 0.69% | -4.79 pp |
| AED → COP Colombia | 4.92% | 0.25% | -4.67 pp |
| AUD → COP Colombia | 5.21% | 0.58% | -4.62 pp |
| CHF → COP Colombia | 5.21% | 0.62% | -4.58 pp |
Yes, on 64% of the 384 corridors RemitRoutes measures as of Aug 24, 2026. Across all corridors, the average crypto/stablecoin cost was -1.43% versus 0.58% for traditional providers including Wise.
As of Aug 24, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs -0.55% all-in on the USD → Mexico (MXN) corridor for a $1,000 transfer. Wise charges 1.10% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Aug 24, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via Quidax) costs -3.28% all-in on the USD → Nigeria (NGN) corridor for a $1,000 transfer. Wise charges -2.19% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Aug 24, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs -4.04% all-in on the USD → Kenya (KES) corridor for a $1,000 transfer. Wise charges 1.81% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Aug 24, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via VALR) costs -0.57% all-in on the USD → South Africa (ZAR) corridor for a $1,000 transfer. Wise charges 1.46% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Aug 24, 2026, the stablecoin sandwich (on-ramp + Lightning Network + off-ramp via CoinDCX) costs -2.61% all-in on the USD → India (INR) corridor for a $1,000 transfer. Wise charges 1.21% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Aug 24, 2026, the corridors with the largest crypto advantage over traditional providers are listed in the table above. Crypto rails are most competitive on long-tail corridors where traditional fintechs have lower transaction volume and thinner liquidity pools.
The stablecoin sandwich is a cross-border payment method where dollars are converted to a stablecoin (like USDC) on the sending side (on-ramp), moved instantly across a blockchain network (e.g. Stellar, Solana, Tron), then converted to local currency at the destination (off-ramp). RemitRoutes measures the all-in cost of all three steps to give a true like-for-like comparison with Wise and other fintechs.
All-in cost = on-ramp fee + blockchain network fee + off-ramp FX spread, measured from live provider data updated every 6 hours. Each weekly report is a frozen snapshot (data captured 2026-08-23). All corridors · all weekly reports · monthly cost index · methodology.