The real all-in cost of the stablecoin sandwich (on-ramp + blockchain + off-ramp) compared to Wise and traditional providers, Oct 26, 2026. Crypto and stablecoin rails were cheaper than banks and fintechs on 360 of 362 measured corridors (99%). Crypto rails averaged -2.06% all-in versus 1.87% 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) | 0.10% | 1.40% | Solana | +1.30 pp crypto saves |
| USD → Nigeria (NGN) | -3.49% | -2.17% | Stellar | +1.32 pp crypto saves |
| USD → Kenya (KES) | -3.74% | 1.76% | Solana | +5.50 pp crypto saves |
| USD → South Africa (ZAR) | -0.39% | 1.20% | Stellar | +1.59 pp crypto saves |
| USD → India (INR) | -7.18% | 1.08% | Stellar | +8.26 pp crypto saves |
| USD → Philippines (PHP) | -0.59% | 0.71% | Solana | +1.30 pp crypto saves |
| GBP → India (INR) | -6.90% | 0.67% | Stellar | +7.57 pp crypto saves |
| EUR → India (INR) | -6.90% | 0.80% | Stellar | +7.70 pp crypto saves |
| Corridor | Crypto cost | Traditional cost | Crypto saves |
|---|---|---|---|
| SGD → PLN Poland | -9.20% | 4.04% | +13.25 pp |
| EUR → PLN Poland | -9.21% | 3.22% | +12.43 pp |
| SEK → PLN Poland | -9.49% | 2.73% | +12.22 pp |
| CAD → PLN Poland | -9.20% | 3.00% | +12.20 pp |
| NOK → PLN Poland | -9.49% | 2.71% | +12.19 pp |
| GBP → PLN Poland | -9.20% | 2.93% | +12.13 pp |
| AUD → PLN Poland | -9.20% | 2.93% | +12.13 pp |
| CHF → PLN Poland | -9.20% | 2.87% | +12.07 pp |
| DKK → PLN Poland | -9.48% | 2.56% | +12.04 pp |
| USD → PLN Poland | -9.48% | 2.49% | +11.98 pp |
| Corridor | Crypto cost | Traditional cost | Traditional saves |
|---|---|---|---|
| JPY → UAH Ukraine | 5.23% | 1.29% | -3.94 pp |
| EUR → EUR France | 0.30% | 0.05% | -0.25 pp |
| AUD → COP Colombia | 1.57% | 1.81% | +0.24 pp |
| NZD → COP Colombia | 1.81% | 2.18% | +0.37 pp |
| MYR → CLP Chile | -0.54% | -0.12% | +0.42 pp |
| MYR → TRY Turkey | 0.26% | 0.75% | +0.48 pp |
| MYR → COP Colombia | 1.85% | 2.46% | +0.60 pp |
| MYR → MXN Mexico | 0.33% | 0.93% | +0.60 pp |
| AED → COP Colombia | 1.47% | 2.12% | +0.65 pp |
| NZD → CLP Chile | -0.58% | 0.14% | +0.72 pp |
Yes, on 99% of the 362 corridors RemitRoutes measures as of Oct 26, 2026. Across all corridors, the average crypto/stablecoin cost was -2.06% versus 1.87% for traditional providers including Wise.
As of Oct 26, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs 0.10% all-in on the USD → Mexico (MXN) corridor for a $1,000 transfer. Wise charges 1.40% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Oct 26, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via Quidax) costs -3.49% all-in on the USD → Nigeria (NGN) corridor for a $1,000 transfer. Wise charges -2.17% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Oct 26, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs -3.74% all-in on the USD → Kenya (KES) corridor for a $1,000 transfer. Wise charges 1.76% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Oct 26, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via VALR) costs -0.39% all-in on the USD → South Africa (ZAR) corridor for a $1,000 transfer. Wise charges 1.20% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Oct 26, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via Coinbase) costs -7.18% all-in on the USD → India (INR) corridor for a $1,000 transfer. Wise charges 1.08% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Oct 26, 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 2026-10-25). All corridors · all weekly reports · monthly cost index · methodology.