Global payments at internet speed (report)
Applications of distributed ledger technology in a multi-rail payments strategy
Two thirds of the payments collected through BVNK's Global Settlement Network in the last year were stablecoins, 15% were also settled in stablecoins.
Distributed ledger technology (DLT) like blockchains and stablecoins have the potential to provide an alternative base layer for global payments.
In this paper, we discuss 3 key opportunities for payment teams to use DLT in 2023 and beyond, with real examples, case studies and data from our platform and network.
Download the free whitepaper to find out:
- How DLT is helping global businesses accelerate settlement up to 5x and reduce costs up to 10x for some regions.
- How funds flow in cross-border transactions that use stablecoins, and in consumer payments that use blockchain.
- The latest picture of global adoption, the top cryptocurrencies used for payments and examples of the consumer payment experience.
- Why fintechs are embedding DLT in their products, featuring an interview with SVP Product & Data at global fintech Ebury.
- Key considerations for payments and finance leaders who want to use DLT, including tips on navigating risk and compliance.
About the authors