P2P Remittances: Send Money Home for Almost Nothing

Traditional remittances to emerging markets cost 5-10%. P2P crypto remittances cost 0.5-1%. Here is the complete how-to guide.

Remittances from developed to emerging markets are worth $700 billion annually, yet average fees are 6.2%. For families in the Philippines, Nigeria, India, and Mexico receiving money from abroad, those fees represent real hardship. P2P crypto remittances reduce costs by 90%+ and improve delivery speed from days to minutes.

The P2P Remittance Process

Country-Specific Guides

Getting Recipients Set Up

The biggest barrier to P2P remittances: the recipient needs a crypto wallet. Steyble onboards recipients in 10 minutes — download app, complete basic KYC, receive wallet address. Share this guide with your recipient: the one-time setup takes less time than a trip to Western Union and saves money on every subsequent transfer. Steyble's mobile-first design makes this accessible even in markets where desktop usage is limited.