REVISITING BORDERLESS PAYMENTS

Summary from the TLDR Crypto newsletter

This article takes a look at how blockchains are revolutionizing cross-border payments. Despite challenges in creating scalable consumer platforms, the demand for cross-border payments reached $190 trillion in 2023. While smaller, geo-specific solutions exist, regulatory confines limit their reach. With grassroots adoption in lower middle income countries, crypto is showing real promise as a killer use case to break through these borders.