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Traditional cross-border payments tend to be slow, costly, and complex. However, Bitcoin (BTC) presents a potential solution. BTC's peer-to-peer nature eliminates the need for intermediaries, expediting transactions and lowering fees. This makes BTC a attractive option for individuals and corporations looking to send funds quickly across international lines.
The traceability of blockchain, the technology behind BTC, also enables increased safeguarding for cross-border payments.
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