TruBit Introduces "Global Payment" for Efficient Cross-Border Transactions

TruBit, a leading crypto payment platform in Latin America, has announced the launch of its "Global Payment" feature. This solution enhances cross-border transactions by using blockchain technology and stablecoins, offering faster, simpler, and cost-effective transfers. Businesses and individuals can experience straightforward fiat transfers, bypassing the complexity of traditional systems.

Unlike SWIFT, which requires 3 to 5 days for transaction processing and charges $35 to $65, TruBit's blockchain approach reduces processing time to under a day, with fees below $1. This advancement ensures speed, cost efficiency, and transparency, positioning TruBit as a preferable alternative.

The Global Payment feature is accessible to users across various countries such as Mexico, Argentina, and the United States. TruBit is also expanding its fiat pair offerings, aiming to add 119 new pairs to its services. This feature supports diverse scenarios, including international payroll processing and cross-border payments for goods and services.

CEO Maggie Wu emphasized TruBit's dedication to simplifying cash flow for global businesses through blockchain-led innovations. The company's efforts highlight its commitment to bridging traditional finance with blockchain solutions.