🔍 **Nexo and Sphere drive cross-border payments with stablecoins**
• Nexo and Sphere have joined forces to transform cross-border payments, reducing settlement times from days to hours through the use of stablecoins.
• This alliance benefits companies in regions with high inflation such as Mexico, Brazil, and Argentina, offering almost instant currency conversion and more efficient treasury operations.
• Stablecoins represent 75% of transactions on the blockchain, with a market capitalization exceeding $200 billion.
• This collaboration underscores the growing role of stablecoins in modern financial infrastructure, marking a step towards a more efficient and accessible global payment ecosystem.