Cross Border Value Flows

Definition ∞ Cross border value flows represent the movement of economic worth across national boundaries, encompassing remittances, trade payments, and capital transfers. Digital assets and blockchain technology present innovative methods to facilitate these transfers. These new approaches offer potential improvements in transaction speed, cost efficiency, and accessibility compared to traditional systems.
Context ∞ The global financial system is experiencing a significant transformation through blockchain-based cross border value flows, aiming to mitigate inefficiencies present in legacy payment infrastructures. This shift is particularly relevant for improving financial inclusion and reducing transaction overheads for international remittances. Regulatory bodies and financial institutions are closely observing these developments for their broader economic impact.