TechFlow, June 12 — According to CoinDesk, Conduit, a stablecoin-focused cross-border payment service provider, announced on Thursday that it has partnered with Brazil's Braza Group to enable real-time foreign exchange conversion between the Brazilian real and major foreign currencies using stablecoins.
The service allows users to convert Brazilian reais into U.S. dollars or euros, with settlement completed within minutes—significantly faster than traditional forex systems, which typically take up to three days.
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