The real all-in cost of the stablecoin sandwich (on-ramp + blockchain + off-ramp) compared to Wise and traditional providers, Nov 2, 2026. Crypto and stablecoin rails were cheaper than banks and fintechs on 362 of 362 measured corridors (100%). Crypto rails averaged -1.82% all-in versus 1.94% 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) | -0.50% | 1.54% | Solana | +2.04 pp crypto saves |
| USD → Nigeria (NGN) | -1.86% | -0.47% | Stellar | +1.39 pp crypto saves |
| USD → Kenya (KES) | -3.71% | 1.73% | Solana | +5.44 pp crypto saves |
| USD → South Africa (ZAR) | -0.01% | 1.66% | Stellar | +1.67 pp crypto saves |
| USD → India (INR) | -6.57% | 1.34% | Stellar | +7.91 pp crypto saves |
| USD → Philippines (PHP) | 0.44% | 1.49% | Solana | +1.05 pp crypto saves |
| GBP → India (INR) | -6.30% | 0.57% | Stellar | +6.87 pp crypto saves |
| EUR → India (INR) | -6.30% | 0.45% | Stellar | +6.75 pp crypto saves |
| Corridor | Crypto cost | Traditional cost | Crypto saves |
|---|---|---|---|
| SGD → PLN Poland | -10.66% | 3.31% | +13.97 pp |
| NOK → PLN Poland | -10.94% | 2.87% | +13.81 pp |
| SEK → PLN Poland | -10.95% | 2.80% | +13.75 pp |
| CAD → PLN Poland | -10.67% | 2.98% | +13.64 pp |
| EUR → PLN Poland | -10.66% | 2.97% | +13.63 pp |
| AUD → PLN Poland | -10.66% | 2.81% | +13.47 pp |
| GBP → PLN Poland | -10.66% | 2.80% | +13.46 pp |
| DKK → PLN Poland | -10.94% | 2.51% | +13.45 pp |
| CHF → PLN Poland | -10.66% | 2.76% | +13.42 pp |
| USD → PLN Poland | -10.95% | 2.43% | +13.38 pp |
| Corridor | Crypto cost | Traditional cost | Traditional saves |
|---|---|---|---|
| SGD → COP Colombia | -0.18% | -0.04% | +0.15 pp |
| HKD → COP Colombia | -0.33% | -0.10% | +0.22 pp |
| AUD → COP Colombia | -0.18% | 0.14% | +0.33 pp |
| MYR → TRY Turkey | 0.26% | 0.60% | +0.34 pp |
| EUR → EUR France | 0.09% | 0.50% | +0.41 pp |
| AED → THB Thailand | 0.77% | 1.28% | +0.50 pp |
| AED → NGN Nigeria | -1.89% | -1.21% | +0.69 pp |
| AED → IDR Indonesia | 0.22% | 0.91% | +0.69 pp |
| AED → COP Colombia | -0.06% | 0.66% | +0.72 pp |
| AED → TRY Turkey | 0.23% | 1.00% | +0.76 pp |
Yes, on 100% of the 362 corridors RemitRoutes measures as of Nov 2, 2026. Across all corridors, the average crypto/stablecoin cost was -1.82% versus 1.94% for traditional providers including Wise.
As of Nov 2, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs -0.50% all-in on the USD → Mexico (MXN) corridor for a $1,000 transfer. Wise charges 1.54% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Nov 2, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via Quidax) costs -1.86% all-in on the USD → Nigeria (NGN) corridor for a $1,000 transfer. Wise charges -0.47% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Nov 2, 2026, the stablecoin sandwich (on-ramp + Solana + off-ramp via Binance P2P) costs -3.71% all-in on the USD → Kenya (KES) corridor for a $1,000 transfer. Wise charges 1.73% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Nov 2, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via VALR) costs -0.01% all-in on the USD → South Africa (ZAR) corridor for a $1,000 transfer. Wise charges 1.66% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Nov 2, 2026, the stablecoin sandwich (on-ramp + Stellar + off-ramp via Coinbase) costs -6.57% all-in on the USD → India (INR) corridor for a $1,000 transfer. Wise charges 1.34% on the same corridor. Data from RemitRoutes, updated every 6 hours.
As of Nov 2, 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 2026-11-01). All corridors · all weekly reports · monthly cost index · methodology.