DP World is actively collaborating with international financial institutions and technology providers to tackle a persistent challenge in global commerce: the inefficiencies in cross-border payment systems. Customers in emerging markets, particularly in Asia and Africa, frequently face issues like extended settlement times, limited access to financing, and a lack of transparency—elements that have stunted the growth of trade for years. By partnering with prominent companies from Singapore, India, the UAE, and other strategic markets, DP World aims to roll out accessible, instantaneous, and transparent cross-border payment solutions utilizing stablecoins. This initiative is crafted to simplify and expedite international transactions, enabling businesses in emerging economies to flourish in an increasingly interconnected landscape.
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Commitment to transformation
DP World Group Chairman & CEO, Sultan Ahmed bin Sulayem, stated: “By introducing stablecoin-based payment options, we are not just addressing a critical gap in the trade ecosystem but also reaffirming our commitment to innovation and leadership in global commerce. This initiative aligns with DP World’s broader mission to enhance trade flows and economic development in regions that need it most. We believe this initiative will redefine the way businesses engage in cross-border trade, particularly in regions where financial barriers have limited potential. DP World is committed to creating a more inclusive and efficient trade ecosystem.”
