DP World, a global leader in logistics and trade, collaborates with major financial institutions and technology providers to address a long-standing problem in global commerce—inefficiencies in international payment systems. This initiative aligns with DP World's overall mission to enhance trade flows and economic development in regions that are most in need.
The planned initiative aims to simplify and accelerate international transactions, providing businesses in developing countries the opportunity to prosper in an increasingly interconnected world. Sultan Ahmed bin Sulayem, Chairman of the Board and CEO of DP World, stated: 'By introducing payment options based on stablecoins, we not only eliminate a critical problem in the trade ecosystem but also reaffirm our commitment to innovation and leadership in global commerce.'
'Clients in developing markets, such as Asia and Africa, often face prolonged settlement times, limited access to financing, and a lack of transparency—factors that hinder the growth of trade flows over the years. Collaborating with leading companies from Singapore, India, the UAE, and other key markets, DP World aims to implement accessible, instantaneous, and transparent international payment solutions based on stablecoins. DP World is focused on creating a more inclusive and effective trade ecosystem.'
'We are convinced that this initiative will redefine the ways businesses interact in international trade, especially in regions where financial barriers have limited potential.'
