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AgriDex partners with Bridge to cut cross-border payment costs for agriculture

October 29, 2024, 3:21 PM
Solana-based AgriDex, a marketplace for tokenized agricultural assets, has teamed up with stablecoin platform Bridge to reduce transaction costs and improve payment speed for agriculture businesses, according to CoinDesk. AgriDex CEO Henry Duckworth explained that integrating Bridge allows buyers and sellers to settle cross-border payments on the Solana network using USDC without holding crypto, with fees lowered to about 0.5%. Duckworth, inspired by his experience in Zimbabwe’s volatile currency environment, aims to streamline agricultural trade through blockchain.

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