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Stablecoins Like Tether in Cross-Border Transactions: The Future of Global Payments

  • Stablecoins like Tether (USDT) are playing a crucial role in transforming cross-border transactions.
  • Unlike volatile cryptocurrencies, stablecoins are pegged to stable assets like the US dollar.
  • Stablecoins offer faster, cheaper, and more transparent alternative for international payments.
  • Challenges such as regulatory scrutiny, transparency concerns, and technical risks need to be addressed for broader adoption.

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