Cryptocurrency Q&A
Why is UPI not in the USA?
Why is UPI not in the USA?
Silvia
Tue Nov 19 2024
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6 answers
1320
I'm wondering why UPI, which seems to be widely used in many parts of the world, is not available in the USA. Is there a specific reason or are there any regulatory issues that prevent its implementation in the States?
6 answers
SsamziegangSerenadeMelody
Thu Nov 21 2024
These revenue streams are significant for banks and financial institutions.
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Luca
Thu Nov 21 2024
As a result, there is a reluctance to adopt instant payments that could potentially cannibalize their current profit models.
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Lorenzo
Thu Nov 21 2024
The concept of instant payments has yet to gain traction in the United States.
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CoinPrince
Thu Nov 21 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot trading, futures, and digital wallets.
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GwanghwamunGuardianAngelWings
Thu Nov 21 2024
This is partially attributed to the card-centric nature of the US economy.
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