Not to mention, $2 wouldn't be nearly enough to cover credit card fees. Not sure how a 1-3% fee could possibly be efficient.

The only way I know of to send >$1m+ is wire transfers and they don’t work on weekends or to send to many countries, and they can take a day or more to clear.

Also, you the recipient needs to have a bank account and it needs to be in a jurisdiction that’s friendly with the US.

I found it to be very similar to ACH within the US

Investigating further, turns out many Europeans dont use SEPA between borders. They just send to their friends within the same country using the same major banks, which increases the probability that “Instant SEPA” is used under the hood, which is a good user experience

Ive found crypto to have greater guarantees of unimpeded arrival in that monetary union as well.