Home web3.0 What is cryptocurrency payment? How can digital currencies simplify cross-border transactions? Can it replace traditional payments?

What is cryptocurrency payment? How can digital currencies simplify cross-border transactions? Can it replace traditional payments?

Jul 24, 2025 am 06:33 AM
Blockchain binance cryptocurrency Ethereum digital currency Stablecoin btc usdt digital currency exchange pay 跨境交易 加密货币支付

Cryptocurrency payments have significant advantages in cross-border transactions: 1. The transfer speed is fast and completed within a few minutes; 2. The handling fee is low, far lower than traditional wire transfers; 3. No intermediary intervention, point-to-point direct transactions; 4. Operate all-weather, not subject to bank time restrictions; 5. Transparent and traceable, easy to audit. Mainstream platforms include: 1. Ouyi OKX, which supports multiple currencies, 3. Huobi HTX, which is suitable for Asian users; 4. Gate.io door, focusing on security. Compared with traditional methods, encrypted payments are all advantageous in speed, fees, thresholds and global adaptability. The latest trends show: 1. The global market size is expected to reach US$2 billion in 2025; 2. More than 100 countries accept digital asset settlement; 3. The average daily trading volume of USDT exceeded US$20 billion. It is recommended that users choose large platforms and pay attention to chain matching. Enterprises can use stablecoins to improve efficiency, while paying attention to the development of compliance policies. In the future, payments will be migrated to real-time settlement on-chain.

1. Advantages of digital currency payment
  1. Fast transfer speed : Traditional cross-border remittances take 2-5 working days, and cryptocurrency payments (such as USDT transfers) can be completed within a few minutes.
  2. Low handling fee : Stablecoin transfers on Ethereum or BSC chains are much lower than those on bank wire transfers and SWIFT systems.
  3. No intermediary intervention : The blockchain-based payment system directly connects both parties to the transaction, reducing the process.
  4. All-weather operation : not limited by bank business hours, it is open all year round, suitable for instant liquidation needs.
  5. Transparent and traceable : On-chain transactions can be checked, making it easier for enterprises or individuals to do accounting and audit.

What is cryptocurrency payment? How can digital currencies simplify cross-border transactions? Can it replace traditional payments? - php Chinese

2. Mainstream crypto payment platforms and portal recommendations

  1. Ouyi OKX : Supports transfers in various currencies such as USDT and BTC.

    How to enter: Access   , you can directly use the fund transfer function after registration.

  2. Binance : One of the world's largest encryption platforms, providing P2P and fast money transfer capabilities.

    Website:   .

  3. Huobi HTX : an old exchange suitable for Asian users, supporting multi-chain transfers.

    address:   .

  4. Gate.io door : Pay attention to asset security and is suitable for long-term use.

    access: .

What is cryptocurrency payment? How can digital currencies simplify cross-border transactions? Can it replace traditional payments? - php Chinese

3. Comparison of traditional cross-border payments

  1. Speed : Bank transfer takes an average of 3 days, and cryptocurrencies arrive in 1-10 minutes.
  2. Fees : The handling fee of the bank's intermediate bank often exceeds US$20, and the transfer of cryptocurrency is often within US$1-5.
  3. Threshold : Traditional accounts need to be opened and reviewed, and encrypted payment only requires platform accounts and addresses.
  4. Global adaptability : In areas where SWIFT is not available, cryptocurrencies are still free to circulate.

4. Latest trends and data for encrypted payments

  1. The global crypto payment market size is expected to reach US$2 billion in 2025 (data source: Statista).
  2. Companies in more than 100 countries have accepted digital asset settlement, especially in the Asian and Latin American markets.
  3. The use of stablecoins is growing rapidly , with USDT's global average daily on-chain trading volume exceeding US$20 billion in 2024 (Data source: CoinMetrics).

5. Editor's advice

  1. Preferred choices are given to platforms that support multi-chain and have large user base, such as Binance and Ouyi OKX.
  2. Pay attention to the link matching when making transfers. Common USDT chains include ERC20, TRC20, and BEP20.
  3. Enterprises may consider using stablecoins for supply chain payments to improve financial efficiency.
  4. In the future, the cross-border payment trend will gradually move from centralized finance to real-time on-chain settlement. It is recommended to continue to pay attention to the compliance policy of crypto payments.

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