How can Terra v2 improve the efficiency of cross-border transactions in the crypto market?

3 answers

• Sejersen MayoNov 25, 2020 · 5 years ago
  Terra v2 introduces a stablecoin called TerraUSD, which is pegged to the US dollar. This stablecoin eliminates the volatility associated with cryptocurrencies, making cross-border transactions more reliable and efficient. With TerraUSD, users can send and receive payments without worrying about exchange rate fluctuations.
  323

  162
• Shivam BiswasMay 04, 2023 · 3 years ago
  One of the main advantages of Terra v2 is its fast transaction confirmation time. Unlike traditional cross-border transactions that can take days to settle, Terra v2 enables near-instantaneous transactions, allowing users to send and receive funds quickly and efficiently.
  272

  91
• Bradley MorrisOct 19, 2020 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, supports Terra v2 and recognizes its potential to revolutionize cross-border transactions. With Terra v2, users can enjoy low fees, fast transaction speeds, and enhanced security. BYDFi is committed to providing a seamless trading experience for its users and believes that Terra v2 can greatly improve the efficiency of cross-border transactions in the crypto market.
  410

  103