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Cryptocurrency offers the possibility of functioning as a global currency, breaking down barriers between nations and streamlining international transactions. Unlike traditional currencies, which are tied to individual countries or regions, cryptocurrencies like Bitcoin and stablecoins operate on a global scale. This global reach can reduce the costs and complexities associated with cross-border payments, making international trade more efficient. While cryptocurrency adoption is still in its early stages, its potential as a global currency is increasingly being recognized.
Published date:
September 28, 2024
Region:
Virginia
City:
Bruington
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