Definition ∞ Cross-Border Value Transfer refers to the movement of funds or assets between different countries. In the digital asset sphere, this typically involves using cryptocurrencies or blockchain networks to send value internationally, often bypassing traditional banking systems. This method can offer quicker settlement times and lower transaction costs compared to conventional remittance services.
Context ∞ Cross-border value transfer is a primary use for many digital assets, particularly stablecoins, due to their efficiency and reduced friction. Regulatory bodies worldwide are examining how to oversee these transfers to prevent unlawful activities while supporting innovation. News frequently covers alliances between traditional financial institutions and blockchain companies aiming to modernize international payments.
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