Skip to main content

Vendor Transactions

Definition

Vendor Transactions refer to financial exchanges between a business and its suppliers for goods or services rendered. In the context of digital assets, these transactions involve using cryptocurrencies or stablecoins to pay vendors, often leveraging blockchain technology for settlement. This approach can streamline supply chain payments, reduce international transfer costs, and enhance transparency and auditability. They represent a digital evolution of traditional business-to-business payments.