High-speed transactions - The transaction on the Stellar blockchain is able to be completed only in 3 to 5 seconds.
Offerings of Remittance network
Below are the Remittance Network's benefits:
Supports several currencies - The users can transfer the funds in several currencies and cryptocurrencies as well.
No pre-funding - The transactions in the platform using Stellar do not require pre-funding to initiate the transaction.
Availability - the stellar blockchain has its availability all across the world that facilitates the users globally.
Several Features - The features such as KYC and AML are used in the process for better authenticity.
Lower cost - The process offers the privilege of lower fees.
Open - source - The funds deposited in the platform are transferred in real-time.
Traceability - the users are able to track their transactions whenever required.