Definition ∞ A global payout network is an infrastructure that enables the efficient and secure distribution of funds across international borders to a wide array of recipients. In the digital asset space, this often refers to blockchain-based systems that leverage cryptocurrencies or stablecoins for rapid, low-cost cross-border payments. Such networks aim to bypass traditional banking intermediaries, reducing settlement times and transaction fees. They provide accessibility to individuals and businesses worldwide.
Context ∞ The development of global payout networks using blockchain technology is a significant area of innovation, with news frequently covering new partnerships and technological advancements. Regulatory challenges related to anti-money laundering and know-your-customer compliance are ongoing discussions. These networks are often highlighted for their potential to revolutionize international remittances and business payments.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
