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The Role of Decentralized Finance (DeFi) in Facilitating Cross-Border Payments
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The Role of Decentralized Finance (DeFi) in Facilitating Cross-Border Payments
Decentralized finance, or DeFi, is changing how money moves across borders by cutting out many traditional middlemen. This shift is making international payments faster, cheaper, and more accessible to people around the world. By using blockchain technology, DeFi platforms allow users to send funds directly to one another without relying on banks or payment processors that often add delays and fees. This peer-to-peer system opens doors for indiv…
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