The developing global economic crisis, deepened by months of industry on hold on account of the global COVID-19 pandemic, brings fresh impetus to the discussion of wealth protection. Under immediate threat is the current global standard of national fiat money, with quantitative easing measures creating even more inflationary pressure on traditional monetary systems. As investors desperately seek to preserve the value of their wealth, and with traditional gold becoming scarce …
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By building a simple bridge between fiat and crypto, infrastructure providers provide valuable regulatory assurance to newcomers more accustomed to dealing with fiat currencies.
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The Open Payment Coalition aims to introduce a new solution through its instant payment network PayID. It is primarily used in Australia.
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