For decades, remittances have followed the same playbook: you send dollars from abroad, the service provider converts them, and your loved ones back home receive local currency. Simple, yes - but also expensive and limiting.
Here’s what’s changing: more and more people are now sending dollars directly, using stablecoins like USDC. And it’s not just a tech experiment - it’s a shift that puts power and flexibility in your hands, not the middleman’s.
Why send dollars instead of local currency?
- Flexibility: Your family can convert only what they need, when they need it. No more losing money on forced conversions.
- Stability: Holding value in digital dollars helps protect against inflation and currency swings.
- Utility: Digital dollars can pay for U.S.-priced services - streaming subscriptions, online shopping, tuition - without extra steps.
What’s really happening here?
Traditional remittance was fiat-to-fiat: send pesos, get pesos. Now it’s becoming value transfer: send dollars, convert later if needed.
That means foreign exchange (FX) isn’t controlled by the remittance provider anymore - it shifts downstream, into consumer wallets and apps. Instead of banks and agencies pocketing spreads, everyday people and businesses gain more choice.
Real-world proof
In Argentina, many businesses already keep their savings in stablecoins and only convert to pesos when it’s time to pay local bills. Individuals are quickly catching on as off-ramps (ways to cash out locally) become faster and easier.
What it means for you
- Lower costs
- More control
- A future-proof way to support your family
The remittance model is being rewritten. With stablecoins, you’re no longer just sending money - you’re sending freedom to choose.
Experience the future of money transfers with Mo. Send digital dollars instantly and fee-free, and give your loved ones the power of choice.
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