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23.11 - 17:43
Study finds only 10% institutions support cross-border B2B payments via crypto
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ambcrypto.comMainstream institutional and retail adoption of cryptocurrencies has been on the rise over the past couple of years. However, ground realities indicate that a major lag in acceptance still exists within major institutions. Financial institutions are lagging behind in providing customers with B2B cross-border payment options in cryptocurrencies, according to a new study.
The report, titled “Cryptocurrency, Blockchain and Cross-Border Payments,” analyzed around 250 financial institutions and 250 multinational companies. The study found that only 10% of the surveyed financial institutions provided its B2B consumers access to cryptocurrency payment tools. On the contrary, 58% of the multinational companies in the survey used at least one
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