How crypto can reduce cross-border payment prices?
How can cryptocurrency help to lower the costs associated with cross-border payments? It's a topic that's gaining increasing attention in the finance industry, and one that many believe holds the potential to revolutionize the way we transfer funds across borders. But what are the specific ways in which cryptocurrency can help to reduce these prices? And what are the potential challenges and limitations that still need to be addressed in order to fully realize this potential? Join me as we explore the answer to these questions and more in our discussion on how crypto can reduce cross-border payment prices.
Does Dubai have digital currency?|Dubai: . The historic milestone is a part of a wider push towards using the digital form of national currencies issued by central banks worldwide. Here's what it means for your money and the global economy as a well.The UAE initiated its first ever cross-border payment using 'Digital Dirham' on Monday
Does Dubai indeed possess a digital currency? Dubai has reached a historic milestone by taking a leap forward in the global trend of adopting digital forms of national currencies issued by central banks. This development not only signifies a major step in Dubai's technological progress but also holds immense potential for reshaping the way we handle money and interact with the global economy. On Monday, the UAE embarked on its maiden cross-border payment using the so-called "Digital Dirham," piquing everyone's curiosity about the future implications for personal finances and the broader economic landscape. Could you elaborate on the significance of this initiative and how it might affect us all?