Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Working at a major tech unicorn's early days opened my eyes to how broken global payments really are.



Shuffling funds across 100+ countries? A nightmare. Transfers crawl at a snail's pace. Delays pile up without warning. Fees eat into every transaction. And forget about reaching certain regions—they're simply off-limits.

This isn't just inconvenient. It's a structural flaw in how money moves today.

Crypto changes the game entirely. Borderless. Fast. Accessible everywhere.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
just_vibin_onchainvip
· 9h ago
Cross-border transfers are really a nightmare; the bank's trap should have been eliminated long ago.
View OriginalReply0
probably_nothing_anonvip
· 10h ago
Nah, really, that trap system for cross-border transfers should have been changed a long time ago, the fees the banks charge are ridiculous.
View OriginalReply0
SpeakWithHatOnvip
· 10h ago
Cross-border transfers are really torturous, waiting forever each time, and the fees are outrageous. --- This is what TradFi looks like, it's only a matter of time before Blockchain comes to reform it. --- With over 100 countries involved, it's no wonder everyone is looking at crypto. --- That said, how many people are really using stablecoins for cross-border transfers now? --- The banking process really needs to be completely scrapped, the efficiency is shockingly low. --- I've seen too many cases of international transfers getting stuck, I sympathize with this person's experience. --- Borderless payment sounds nice, but how long until it's widely adopted...
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)