Sending money across borders is expensive—but a new mobile app built on the Ripple protocol by Marco Montes eases the burden of U.S. immigrants looking to help their families back home in Mexico. [ ... ] While the cost for international transfers through wire services like Western Union has come down since the 1990s—when it cost $12 to wire $100—today’s fees are still substantial at around $5, according to a 2013 report by the New York Times. But with Marco’s app, this number effectively drops to zero. His novel approach to solving a big, big problem—migrant remittances to Mexico totalled $22 billion in 2013 with fees averaging 7 percent...

https://ripple.com/blog/how-marco-montes-is-empowering-migrant-workers/