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International payments traditionally form a significant portion of the global financial landscape. encounter challenges such as high fees, slow processing here times, and restricted accessibility. Blockchain technology and cryptocurrencies are poised to revolutionize this landscape, offering a faster and accessible alternative for international payments.
- Cryptocurrencies like
- , Moreover blockchain technology's inherent security can reduce the risk of fraud and manipulation in international payments.
Bitcoin, Ethereum, and stablecoins present the possibility to enable cross-border payments with reduced fees, faster settlement times, and increased visibility.
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