The $48 Billion Problem: How Remittance Fees Steal From Workers
Every year, 200 million migrant workers send $700 billion home to their families. And every year, traditional money transfer companies like Western Union and MoneyGram take $48 billion of it in fees. That's 6.8% of every dollar earned through hard work — gone. Not to taxes, not to savings, but to middlemen who add almost no value. This is highway robbery, and blockchain technology can stop it.
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