1.) What would be the best currency to use for international transfers from the US to places like India, North Korea, the Middle East.
At least everyone considers safety and transfer fees.
XLM has low fees and good transfer rates. and blockchain is available to help xlm users everywhere.
2.) How could the recipients turn their crypto into cash without going through a bank? For example, if we sent 10,000 worth of Rupee to India via crypto, how would the end user convert this into Rupee in their country?
Thanks for any and all help!
We must know the purpose of the transfer, whether the destination country provides good access to crypto exchange. I do not know that India still legalizes this transaction or not.
this should be a consideration.