Revolutionizing International Transactions with Innovative Financial Technology
Highlights:
- Conduit raises $36 million to enhance its cross-border payment platform.
- The company aims to utilize stablecoins to provide faster and cheaper international transactions.
- Conduit’s strategy targets the traditional SWIFT system by leveraging blockchain technology.
Conduit has successfully raised $36 million in funding to innovate the cross-border payment landscape. By utilizing stablecoin technology, the company looks to offer an efficient alternative to traditional systems like SWIFT. This move aims to streamline international transactions, reducing costs and improving speed for users around the globe. The financial technology startup’s advancements signal a promising shift towards more modern payment solutions in global commerce.
