# Are Stablecoins Cheaper?

> A real-time cost comparison tool for sending money to the Philippines via stablecoins vs traditional remittance providers.

## What This Site Does

This tool answers the question: "Is it cheaper to send money to the Philippines using stablecoins (USDC, USDT, DAI) than through traditional remittance providers like Wise, Remitly, Western Union, or Moneygram?"

It calculates the total end-to-end cost of a stablecoin remittance — including deposit, conversion, blockchain transfer, PHP conversion, and withdrawal fees — and compares that against live quotes from 40+ traditional providers across 26 source countries.

## Key Facts

- Covers 26 source countries including US, UK, EU, Singapore, Australia, Japan, Canada, Hong Kong, and GCC states
- Tracks 40+ traditional remittance providers with live quotes from the Wise Comparison API
- Models 18 crypto exchanges (Coinbase, Binance, Kraken, OKX, etc.) as on-ramps
- Supports 3 stablecoins: USDC, USDT, DAI
- Supports 8 blockchain networks: Ethereum, Polygon, Solana, Tron, Arbitrum, Optimism, BSC, Base
- 4 Philippine crypto off-ramps: Coins.ph, GCrypto (GCash), PDAX, Binance
- 13 final withdrawal destinations including GCash, Maya, BPI, BDO, UnionBank, and remittance centers
- Exchange rates updated daily from live forex data
- Crypto withdrawal fees updated daily from Binance and Kraken APIs
- Traditional provider rates updated daily from Wise Comparison API

## Data Sources

- Forex rates: Open Exchange Rates, Bangko Sentral ng Pilipinas (BSP)
- Crypto exchange fees: Binance API, Kraken API (withdrawal fees updated daily)
- Traditional remittance quotes: Wise Comparison API (v4)
- GCC corridor estimates: World Bank Remittance Prices Worldwide

## API

Live data is available at: /api/live-data
Returns JSON with forex rates, crypto fees, remittance quotes, and data freshness timestamps.

## Contact

Built by Luis Buenaventura
- LinkedIn: https://www.linkedin.com/in/helloluis
- Twitter: https://x.com/helloluis
- Website: https://stable.cryptoday.live