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Decentralized Transactions: Blockchain's Impact on International Payments
International payments have long been a laborious process, fraught with considerable fees and lengthy settlement times. However, the rise of decentralized transactions, spearheaded by digital assets, is poised to revolutionize this landscape. By leveraging a decentralized ledger, cryptocurrencies enable instantaneous and encrypted cross-border payments, bypassing traditional financial institutions. This paradigm shift has the potential to liberate individuals and businesses worldwide by providing a more affordable means of exchanging value across borders.