Definition ∞ Cross-border value pertains to the economic worth or utility derived from transactions and transfers of assets across national boundaries. This concept addresses the efficiency, cost, and speed of moving financial resources between different jurisdictions. Digital assets and blockchain technology frequently aim to improve this process.
Context ∞ News concerning digital assets often highlights their potential to revolutionize cross-border value transfers by reducing intermediaries and transaction times. Regulatory discussions surrounding stablecoins and central bank digital currencies frequently address their capacity to facilitate more efficient international payments. The reduction of friction in these transfers holds significant implications for global trade and remittances.
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