What it is
Blockchain-based currencies that enable merchants to settle transactions internationally with speed and security, bypassing traditional wire and processing rails.
How it works
The merchant integrates a crypto-compliant gateway. When a customer pays in a digital asset, the system confirms the transaction on the network and settles the equivalent US Dollar value to the merchant.
The Benefits
- Near-Instant Global Settlement: Settlement can occur 24/7 without the delays of the clearing house system.
- Lower Transaction Fees: Frequently provides a lower-cost alternative to traditional cross-border bank fees.
Best used for
US-based exporters, digital service companies, and luxury retailers seeking to optimize their global payment footprint.