What Technologies Make Online Money Transfers Secure?
A 2022 report by the Bank for International Settlements suggests that about $7.5 trillion is transferred daily around the globe. For context, the U.S. federal government spent $7.01 trillion in its 2025 fiscal year, which ran from October 2024 to September 2025, according to the U.S. Treasury Fiscal Data. Basically, this implies that about 7% more money is traded on the foreign exchange market daily than the U.S federal government spends annually.