Wyre, a payments company that uses the blockchain to conduct transactions, has announced the launch of its cross-border payments platform also called Wyre.
According to the announcement, Wyre is the industry's fastest money transfer platform, enabling businesses to move money across borders from country-to-country at a competitive rate, usually at a rate between ~1 - 4.5% and in the shortest amount of time, typically in less than six hours, compared to the industry standard which is 24-72 hours.
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