Costs to send $1,000 on leading blockchains

3 min read
Chase Merlin | Brale
Ben Milne | Brale
Costs to send $1,000 on leading blockchains | Brale Blog

As of December 2024, we've summarized the costs to send $1,000 on leading blockchains based on stablecoin transactions conducted with Brale Business Accounts.

Since our last update, we’ve also added support for Hedera, Coreum, and VeChain - all offering sub $0.01 transaction fees.

ChainCostTx
Stellar$0.000005View on explorer
Celo$0.0006View on explorer
Hedera$0.001View on explorer
Solana$0.001View on explorer
VeChain$0.001View on explorer
Coreum$0.002View on explorer
Kusama$0.002View on explorer
Optimism$0.003View on explorer
Ethereum Classic$0.004View on explorer
Arbitrum$0.02View on explorer
Base$0.03View on explorer
Polygon$0.03View on explorer
Avalanche$0.15View on explorer
Ethereum$4.28View on explorer

Stablecoins are 5X-1000X cheaper than traditional payment methods

Stablecoin payments on all leading L1 and L2 blockchains surpass traditional payment method fees, settle nearly instantly, and benefit from 24/7 always on, global operations.

Almost all supported chains offer sub $0.01 transaction fees up to 100X cheaper than ACH, with stablecoin payments on Stellar, Celo, Hedera, and Solana approaching the cost of relational database updates.

The costs of stablecoin payments are low enough that the treasury economics of a stablecoin program can effectively subsidize programs on Base, Solana, Stellar, and many blockchains.

Payment methodFixed feesVariable feesTotal fees
Credit card$0.10 - $0.301.5% - 3.5%$0.35
ACH$0.25$0$0.25
Onchain$0$0.005$0.005

What about on and offramp fees?

Brale's fee structure enables businesses to benefit from stablecoins without the typical barriers associated with depositing or withdrawing funds.

Deposit fee (Onramp)Withdraw fee (Offramp)Timing
Off-chain
Wire$0$20Same day
ACH$0$0Next day
On-chain
USDC logoUSDC$0$0Same day
USDP logoUSDP$0$0Same day
PYUSD logoPYUSD$0$0Same day

Using a Brale Business account, businesses can effectively use stablecoins in their operations without the traditional onramp/offramp costs associated with using stablecoins.

We'd love to hear your feedback on these observations, and if there are additional blockchains you'd like to see supported. To support payments using your own stablecoin, sign up for an account.

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Create your payments program using Brale Business.

Contributors

  • Chase Merlin | Brale
    Chase Merlin
    Sr Product Manager
  • Ben Milne | Brale
    Ben Milne
    Founder & CEO

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