Nexo and Sphere Join Forces to Advance Cross-Border Business Payments
Nexo is partnering with Sphere to redefine cross-border business payments, bringing faster, cost-efficient solutions to businesses in high-inflation markets.
Together, we're working on a near-instant settlement solution – cutting out delays and inefficiencies.
Here’s what’s coming:
▪️ Faster settlement times – from days to hours
▪️ Cost-efficient, transparent payments
▪️ Stable currency conversion
With Latin America experiencing a 116% surge in crypto adoption due to high inflation and limited banking access, this partnership combines Nexo's digital asset expertise with Sphere's infrastructure, allowing businesses to move money globally without the usual headaches.
This is just the beginning.
We’re rolling out blockchain-powered solutions in key markets, reducing reliance on intermediaries, and unlocking the future of international finance.
Nexo's commitment to the Latin American market is further emphasized by our recent sponsorship of the Acapulco Tennis Open, one of the most prestigious ATP 500 tournaments.
Learn more: Nexo and Sphere join forces to advance cross-border business payments
