Publikation
Distress signals: Cooperation agreements or mergers to the rescue?
The current volatile and unpredictable economic climate creates challenges for businesses.
Vereinigtes Königreich | Publikation | Oktober 2024
Many M&A processes conclude with the buyer instructing its bank to wire funds to the seller’s account. Such transfers, while simple in theory, can involve delays and additional costs as the funds make their way through the correspondent banking network. In recent years, fiat-collateralised stablecoins such as Tether (USDT) and USD Coin (USDC) have risen in popularity as an alternative, low-cost, and quick means of settling transactions.
Together with digital asset brokerage – Zodia Markets, we explore the existing issues with corporate transaction settlements, how these issues are usually mitigated (where possible), and what advantages stablecoins may offer to complement the traditional banking system.
Zodia Markets:
Publikation
The current volatile and unpredictable economic climate creates challenges for businesses.
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