Since 2022, Binance has allowed users to save 1.75 billion dollars in remittance costs, thanks to 26 billion dollars in direct and instant crypto transactions, demonstrating the potential of cryptocurrencies for global financial inclusion.
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Over 500,000 women leading financial inclusion with Binance
During the World Economic Forum in Davos, the CEO of Binance, Richard Teng, announced that the users of the platform have collectively saved 1.75 billion dollars in remittance costs from 2022 to 2024.
This result was made possible thanks to 26 billion dollars in direct, rapid, and no additional cost crypto transactions through Binance Pay.
International remittances represent a crucial pillar for the global economy, with an estimated value of 913 billion dollars in 2025.
They are a fundamental resource for millions of migrant workers who support their families, contributing to reduce poverty and inequalities. However, high fees
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