Corporate Banking & Payments Finds Practical Uses for Crypto
- Date:July 17, 2022
- Author(s):
- Ben Danner
- Research Topic(s):
- Commercial & Enterprise
- PAID CONTENT
Overview
Cryptocurrency and blockchain technology have grown in popularity since the inception of Bitcoin in 2009. Starting as a niche commodity among investors, cryptocurrency and its accompanying blockchain technology have developed into various forms that are gaining traction in the corporate space of the financial services industry. Some of the largest financial institutions have already taken advantage of cryptocurrency’s nimbleness and the power of blockchain technology, heavily investing in stablecoins, which bridge the gap between fiat money and pure cryptocurrencies. Among commercial cards, we see development in crypto rewards and expanding crypto payments acceptance, while in treasury and trade, there are uses in cross-border payments, liquidity and cash management.
Learn More About This Report & Javelin
Related content
Commercial Cross Border: This is Getting Good
Commercial cross-border transactions are a big business, and they’re only getting bigger, projected to expand at nearly an 11% compound annual growth rate through 2030. Such transa...
Shredding Inefficiency: A Blueprint for Eliminating Paper Checks
The use of paper checks in commercial payments doggedly persists, accounting for 33% of such transactions globally, with an overwhelming number of corporations still accepting chec...
Movements in Global Commercial Payments and Banking: 2024 Edition
Global commercial banking and payments are evolving swiftly, driven by technological progress, evolving corporate habits, and emerging market dynamics. This puts businesses on the ...
Make informed decisions in a digital financial world