Can Cryptocurrency Solve The Problem Of Cross-Border Payments?

Cross-Border Payments through Cryptocurrency

The emerging racial gap in personal finances will also drive future innovation. Historically, all financial technologies brought efficiency, security, and accessibility. In the case of cryptocurrency, though not without its many challenges, it is a promise of easy, inexpensive, and universal cross-border transactions. However, as we see these technologies go forward, clearer regulations come into place, and institutions start accepting cryptocurrencies into their operations, the possibility of international payments transforming by means of cryptocurrency increases by leaps and bounds.