At iFX Expo Dubai 2025, Finance Magnates’ Chief Commercial Officer, Andrea Badiola Mateos, interviewed Meryem Habibi, Chief Revenue Officer at Bitpace, about how the company is transforming cross-border payments with stablecoins.
The Challenges of Traditional Cross-Border Payments
Sending money internationally is slow and expensive. According to Meryem, “Payments must pass through multiple banks and clearinghouses, increasing costs and causing delays. A cross-border payment from Africa to Asia can take days or even weeks, making it difficult for businesses—especially in Forex and trading, where real-time transactions matter”.
Every bank and financial institution involved in the transaction has to conduct their checks and clearances. This process can take anywhere from a day to several weeks, which can be detrimental for businesses needing quick access to funds.
How Bitpace is Revolutionizing Cross-Border Payments
Bitpace is a crypto payment gateway that enables fast and low-cost transactions using stablecoins. Unlike traditional banking systems, Bitpace provides a streamlined approach with key benefits:
- Instant Transactions: Stablecoin payments via blockchain settle within minutes.
- Lower Costs: Eliminates unnecessary bank fees and intermediaries.
- Reduced Volatility: Stablecoins are pegged to major currencies like the US dollar or euro, avoiding market fluctuations.
Bitpace’s Expanding Role in Financial Services
Bitpace is building new partnerships and strengthening its role in the crypto payments industry. With evolving regulations and compliance standards, Bitpace ensures businesses can operate securely and efficiently.
To learn more about how Bitpace is transforming cross-border payments, watch the full interview with Meryem Habibi at iFX Expo Dubai 2025.
The Future of Cross-Border Payments
The shift towards crypto payments is happening now. Companies in online trading and international commerce are adopting Bitpace’s stablecoin payment solutions to stay ahead. The question is: How fast will businesses transition to this efficient financial model?
originally published on financemagnates.com