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ubs launches blockchain solution to enhance cross-border payment efficiency

UBS has launched a blockchain-based solution for cross-border payments, addressing delays and challenges in international transactions. This technology enhances transaction speed, reduces costs, and increases transparency, benefiting both businesses and the underbanked. With instant payments clearing in seconds, users can mitigate currency fluctuation risks, enabling global commerce for small businesses without traditional banking barriers.
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Swiss Franc Chinese Yuan United States Dollar Euro JPMorgan Chase & Co. UBS AG Citizens, Inc. DBS Group Holdings Ltd CHN CHE Albert Bodine Show more
Crypto, News Article
19:52 07.11.2024
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