Crypto can boost economic welfare in underbanked regions
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
The world’s economy is rapidly evolving, yet financial exclusion remains a persistent issue. A 2022 report by Visa revealed that 2.1 billion people globally remain unserved or underserved by digital financial services. This gap often traps individuals and businesses in underbanked regions in a cycle of limited growth and opportunity.
The good news? Emerging technologies, especially cryptocurrencies, present an opportunity to rewrite this narrative. Merchant adoption of crypto payments has the potential to…
