American Companies Use Bitcoin to Pay for Salvadoran Coffee Purchases

Article is form Jinse
September 21, 2024
This article is translated by ChatGPT Show original
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According to Golden Finance, the Salvadoran Ministry of Foreign Affairs announced that Compass Coffee, a US coffee company, has completed an international purchase of Salvadoran coffee using Bitcoin. Jorge Cruz, the Salvadoran counterpart in the transaction, explained that he received payment in less than 10 minutes, eliminating the need for intermediaries in such transactions.

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