The consequences of inefficient payment methods are felt throughout global GDP, with the most significant impact on daily consumers. Not only do these insecure monetary systems destroy purchasing power because of inflation, but it also limits the capacity of traders to trade within the world due to cross-border transaction inefficiencies. The internet has brought the world closer together and facilitated cross-border payments. However, the existing methods are still costly, slow, and rigged to benefit the intermediaries. These problems can only be solved using a payment method that offers fast and cheap transactions with exceptional security. Cryptocurrencies and digital payment networks have the following capabilities, as shown by USDReserve. USDReserve is an international payment token designed to offer the best financial technology of the traditional financial world with the added benefits of blockchain technology. However, the volatility of the cryptocurrency ecosystem scares new users off easily. Luckily USDR has developed a solution to that problem as well by using 10 tons of Gold Reserve acquired by Brothers International GMBH to support the payment token. How does USDR Payment Token is supported by Gold Reserve? Developed on Ethereum and Binance Smart Chain, USDR possesses cross-chain compatibility to offer an even flexible use. To bypass the crypto volatility, USDR uses Gold Reserve to support the token. Every token i...
