The cross-border payment market is approaching $200 trillion, making it one of the largest financial flow areas in the world. Even today, payments and financing still rely on inefficient and expensive infrastructure: numerous banking intermediaries, paper documents remain central to trade financing, and there is a lack of instant trust verification between businesses and banks. In this market, there are at least $2.5 trillion in unresolved pain points in cross-border financing. Recently, I noticed that a decade-old public chain @IOTA has become active again. It has established a decentralized digital financial solution called Salus, which aims to change the cross-border finance and global trade order by granting digital identities to real companies, tokenizing trade contracts as NFTs, and implementing data smart contracts. IOTA is not entering the scene out of nowhere, but rather leveraging its two core advantages: Technology Upgrade - In May 2025, the Rebased mainnet upgrade...
Show original
3.7K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.