Sam Bankman-Fried is the founder and CEO of FTX, testifies before the House Financial Services Committee on Capitol Hill:

I THINK THE PAYMENTS SIDEFFFF
THIS GETS A LOT OF ATTENTION,
RIGHTFULLY SO. TO A
MARKET TO PURCHASE GOODS, THEY
PAY MULTIPLE FEES TO
INTETATATATACY.
WHEN YOU LOOK GLOBALLY, TRYING
TO SEND MONEY LOVED
ONES AT HOME IS EXTREMELY
DIFFER.
IT CAN COST TENS OF
FEES, IT CAN TAKE WEEKS TO
ARRIVE, IT CAN GET EMBEZZLED BY.