DP World multi-currency stablecoin for global trade settlement

DP World is partnering with financial institutions and technology providers worldwide to tackle persistent inefficiencies in cross-border payment systems.

Businesses in emerging markets such as Asia and Africa often face delayed settlement times, limited access to financing, and a lack of transparency—challenges that have long impeded the growth of international trade.

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.”

Through collaboration with leading organizations from Singapore, India, the UAE, and other strategic regions, DP World is working to develop instant, transparent, and accessible cross-border payment solutions utilizing stablecoins. This initiative aims to simplify and expedite international transactions, empowering businesses in developing economies to flourish in an increasingly interconnected global landscape.

Unveiled at the World Economic Forum in Davos, this transformative vision has sparked dialogue among industry leaders, policymakers, and technology innovators, as DP World seeks to build a more resilient global trading ecosystem.

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