The Next Bridge.xyz? BlindPay's CEO Wants to Revolutionize Global Payments

Quick Summary:

Bernardo Moura is looking to upend SWIFT’s dominance of the massive international payments industry, starting with Latin America.

"If I want to send money from Brazil to Argentina using stablecoins, it takes 30 seconds, while SWIFT takes five business days," Moura points out.

This focus comes at a time when a16z crypto predicts increasing enterprise acceptance of stablecoins for payments, calling them "the cheapest way to send a dollar".

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Article Details

Author / Journalist: Sunny Chen

Category: Crypto

Markets: United StatesArgentinaBrazilColombiaCubaHong KongMexico

Topics: SWIFT Latin america Stablecoin Consensus Hong Kong 2025 Coverage Chk2025

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 15:16:39 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 607 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25372659

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