DP World, a global logistics leader, is tackling inefficiencies in cross-border payment systems by collaborating with financial institutions and technology providers worldwide.
The announcement was made during the World Economic Forum in Davos 2025.
Businesses in emerging markets, particularly in Asia and Africa, have long faced challenges such as delayed settlement times, limited financial access, and insufficient transparency. These hurdles have restricted trade flows and economic growth. DP World aims to address these issues by introducing stablecoin-powered cross-border payment solutions that promise instant, transparent, and accessible transactions.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, emphasized the transformative potential of the initiative:
“By introducing stablecoin-based payment options, we are addressing a critical gap in the trade ecosystem. This aligns with our mission to enhance trade flows and economic development in regions that need it most. We believe this innovation will redefine how businesses engage in cross-border trade, particularly in regions where financial barriers have stifled growth.”
The initiative is supported by partnerships with leading firms from Singapore, India, the UAE, and other markets, leveraging DP World’s extensive global network spanning six continents. By integrating this solution into its logistics ecosystem, DP World seeks to empower businesses, enhance trade efficiency, and foster economic development.
This stablecoin initiative reflects DP World’s broader vision of creating an inclusive, resilient global trading system, reinforcing its leadership in driving innovation and economic growth in underserved regions.
News Source: Emirates News Agency
