How Crypto is Changing Trade: A Deep Dive
Crypto is starting to shake things up in the world of international trade. With a backdrop of geopolitical tensions and economic barriers, these digital assets are proving to be a decentralized solution that can dance around traditional banking systems. But how exactly is this working? And what does it mean for businesses and governments alike? Let’s break it down.
Crypto: The Sneaky Solution to Sanctions
Countries that are on the receiving end of sanctions—think Iran and Russia—are starting to lean on cryptocurrencies to keep their trade relations alive. By using decentralized payment systems, these nations can wiggle their way around traditional banking networks, which are often influenced by Western powers. It’s a clever…
