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State of Play in 2024: Stablecoin Payments Ft. CEO of Bridge

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CHAPTER

The Rise of Stablecoins in Cross-Border Payments

This chapter examines the increasing significance of stablecoins in streamlining cross-border transactions and their ability to act as a bridge between various fiat currencies. It discusses the operational processes of converting currencies into stablecoins and highlights the potential benefits of increased liquidity, better exchange rates, and enhanced financial inclusivity. The conversation also addresses regulatory challenges and the implications for money laundering, emphasizing the need for compliance in this rapidly evolving financial ecosystem.

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