Definition ∞ Global Money Rails describe the fundamental infrastructure and systems that facilitate the transfer of money across international borders. These systems include traditional banking networks, correspondent banking relationships, and emerging digital payment platforms. They enable cross-border remittances, trade finance, and international investments.
Context ∞ The efficiency and cost-effectiveness of Global Money Rails are a subject of ongoing innovation, with digital assets and blockchain technology offering potential improvements. A key discussion involves the potential for decentralized networks to supplement or replace existing legacy systems, reducing friction and settlement times. Future developments will likely see increased integration of digital currencies and blockchain-based solutions into international payment architectures.
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