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The Nexus
BUSINESSJul 31 · 01:53 UTCTHE BLOCKThe Block Research

Stablecoins and Cross-Border Payments: How Digital Dollars Move Across Borders

Stablecoins are cryptocurrencies pegged to a reference currency, typically the U.S. dollar. They enable cross-border payments by allowing users to convert local currency into stablecoins, transfer them via blockchain networks, and receive the funds in the recipient's blockchain address.

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stablecoinstopicUS Dollartopicblockchain networktopiccross-border paymentstopicblockchain addresstopic
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Stablecoins and Cross-Border Payments: How Digital Dollars Move Across Borders · The Nexus