DP World is partnering with financial institutions (FIs) to resolve inefficiencies in cross-border payment systems with stablecoin solutions, particularly affecting emerging markets in Asia and Africa, His Excellency Sultan Ahmed bin Sulayem, Chairman & CEO, DP World Group, said. Businesses in these regions face challenges like delayed settlements, limited financial access, and lack of transparency, hampering trade growth. The company is working with partners from Singapore, India, the UAE, and other markets to develop stablecoin-powered payment solutions. He said, “By introducing stablecoin-based payment options, we are not addressing a critical gap in the trade ecosystem but reaffirming our commitment to innovation and leadership in global commerce. This initiative aligns with DP World’s mission to enhance trade flows and economic development in regions that need it most.”
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