The international money transfer market moves $800 billion a year. And yet, in 2026, the experience of sending money to a family member abroad is still painfully slow, expensive, and confusing.

We've all felt it. You want to send $200 to a relative in Nigeria, Ghana, or the Philippines. Here's what you face:

Create an account on a remittance platform (often with full KYC before you can even see a rate)
Wait 3–5 business days for the money to arrive
Pay a "low fee" of $4.99 — while the platform secretly marks up the exchange rate by 2–3%, costing you another $4–6 you didn't notice
Your recipient also needs an account on the same platform, or has to physically visit a pickup location

We built Rare Swap because we believe this is solvable with today's technology. USDC — a regulated, dollar-pegged stablecoin issued by Circle — settles in under a second on Base, Coinbase's L2 blockchain. Gas fees are fractions of a cent. And embedded wallets (powered by Privy) mean neither the sender nor the recipient needs to know what any of that means.

The result: you enter an amount and a phone number. You pay with your card. They get a text with a link. They click it, verify who they are, and withdraw to their bank. Total time: under 5 minutes. Total cost: a 0.9% flat fee with the real mid-market exchange rate.

No accounts. No crypto. No waiting. Just money, moving at the speed it should.