Bitcoin empowers businesses to conduct global transactions quickly.
Transactions are processed on the decentralized Bitcoin platform, overcoming traditional banking intermediaries. This resultantly leads to lower fees and quicker settlement times compared to conventional cross-border payment methods.
Furthermore, Bitcoin provides greater transparency and safety. Every transaction is logged on the public blockchain, making it unchangeable. This level of transparency builds trust between parties involved in cross-border payments.
Bitcoin's distributed nature also reduces the risk of control by any single entity, making it a dependable option for cross-border payments.
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