Paxos Report: Is Blockchain The Next Step For Global Remittances? | Headlines | News | CoinMarketCap
08/24/2023 16:50
The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread …
Bitcoinist18 minutes ago
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Published on August 24, 2023 09:30 GMT+00:00edited on August 24, 2023 09:34 GMT+00:00
The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan.
In a recent announcement, the firm strongly contended that blockchain technology could fundamentally reshape the global remittance landscape, streamlining the flow of funds and bolstering economies worldwide.
Blockchain-powered remittance platforms are aiming to transform this industry with security and transparency, cost efficiency and speed and accessibility.
Read more about the ways blockchain can stabilize and improve global remittances: https://t.co/hfizszSjiC
— Paxos (@Paxos) August 23, 2023