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The race for the future of cross-border payments

29 July 2025
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The race for the future of cross-border payments
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US President Donald Trump has spotlighted stablecoins, which facilitate retail payments while central banks explore improving cross-border wholesale payments, currently hindered by slow correspondent banking systems. Projects like mBridge and Project AgorΓ‘ aim to leverage new technologies to enhance payment efficiency and reduce reliance on Western systems, impacting geopolitical dynamics.

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