Interlace, a company focused on B2B cross-border payments, is taking a long-term approach to building its risk control system for U Card issuance. Unlike the quick exit strategy seen with some token issuances, Interlace anticipates a two to three-year investment period before achieving significant revenue and profit. This approach is particularly challenging in smaller countries with unstable local currencies and limited USD reserves, which complicates cross-border transactions.
Chief Financial Officers (CFOs) are primarily concerned with reconciliation efficiency, seamless integration with financial and tax systems, and ensuring tax compliance to make expenses deductible. The use of stablecoins, which are increasingly audited by various firms, adds a new asset class to corporate accounts, potentially aiding in these efforts.
Interlace Faces Challenges in B2B Cross-Border Payments
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