In their most recent study, the International Association of Money Transfer Networks (IAMTN) has just confirmed what many in the crypto space have been saying for years:
Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the involvement of intermediaries. . . . Some players in the cross-border money transfer industry perceive the blockchain and cryptocurrencies as technologies that can enhance remittance processes.
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