Definition ∞ Global disbursements involve sending payments or funds across international borders to multiple recipients. In the context of digital assets, this refers to the use of cryptocurrencies or blockchain networks to facilitate cross-border payments, often bypassing traditional banking intermediaries. This approach can offer advantages such as lower transaction costs, faster settlement times, and greater transparency, particularly for large-scale or frequent international transfers. Digital assets provide a new infrastructure for these operations.
Context ∞ The application of digital assets for global disbursements is a growing area of focus for businesses and aid organizations seeking more efficient and cost-effective international payment solutions. News often covers partnerships between blockchain companies and traditional financial entities aimed at streamlining these cross-border transfers and improving financial inclusion in underserved regions.
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