DP World enables multi currency stable coin for settlement of global trade transactions
By bringing together global financial institutions and technology providers, DP World aims to reduce the cost of trade settlements, increase transparency and shorten transaction times for cross-border payments
DP World, a global leader in logistics and trade, is engaging with global financial institutions and technology providers to address a longstanding challenge in global commerce — the inefficiencies in cross-border payment systems. Customers in emerging markets such as Asia and Africa often grapple with prolonged settlement times, restricted access to finance, and a lack of transparency—factors that have hindered the growth of trade flows for years.
By collaborating with leading firms from Singapore, India, the UAE, and other key markets, DP World aims to introduce accessible, instant, and transparent cross-border payment solutions powered by stablecoins. The initiative is designed to simplify and accelerate international transactions, empowering businesses in emerging economies to thrive in an increasingly interconnected world.
DP World Group Chairman & CEO, Sultan Ahmed bin Sulayem, said: “By introducing stablecoin-based payment options, we are not just addressing a critical gap in the trade ecosystem but also reaffirming our commitment to innovation and leadership in global commerce. This initiative aligns with DP World’s broader mission to enhance trade flows and economic development in regions that need it most. We believe this initiative will redefine the way businesses engage in cross-border trade, particularly in regions where financial barriers have limited potential. DP World is committed to creating a more inclusive and efficient trade ecosystem.”
Key Benefits
| Drastically reduced settlement cost and times for cross-border payments | Take the example of a textile manufacturer in Ethiopia which exports raw cotton to a fabric producer in India but faces significant delays in receiving payments.
This is due to the traditional correspondent banking systems requiring multiple intermediaries, resulting in settlement times that can extend to several days or even weeks.
|
| Improved financial accessibility for businesses of all sizes | The Ethiopian supplier struggles with cash flow, limiting its ability to scale operations or meet additional orders.
At the same time, the Indian fabric producer may face delays in production due to uncertainty about whether the shipment will be dispatched on time. |
| Enhanced transparency and trust in international trade transactions | The lack of real-time tracking of the transaction status leaves both parties uncertain about when the payment will be completed. |
The vision for this transformative payment solution was launched at the World Economic Forum in Davos, where DP World is engaging with industry leaders, policymakers, and technology innovators to build a more resilient global trading system.
This solution is an integral part of DP World’s aspiration to offer end-to-end solutions for its customers and to facilitate seamless global trade. Leveraging its expansive network spanning six continents, DP World is uniquely positioned to integrate this innovative payment system into its current offerings and drive widespread adoption through its extensive partnerships.
Related News.
Beyond Compliance to Uninterrupted Operations: Delia Shipping’s Konstantinos Stais on Maritime Cyber Resilience, LEO Expansion, and AI Governance
As the global maritime industry navigates an era of intense digital acceleration, the traditional boundaries separating shipboard operational…
Chinese AI quietly writes hackable code for Beijing’s Adversaries, even when run locally, study finds
Qwen3-Coder wrote hackable apps 19% more often for US defense contractors and leaked data 28% more often for Hong Kong activists, AI security firm…
Industry leaders launch world’s first maritime-specific cyber vulnerabilities database
Cydome, ClassNK, Bureau Veritas, MTS-ISAC and Rakuten Maritime announce the “Blue Initiative”, an open collaboration to improve maritime cyber…
Businesses increasingly adopt AI for cybersecurity while individuals expand privacy protections
As cyber threats grow and digital technologies become more pervasive, businesses are increasingly using AI to strengthen…
EmissionLink calls for EU ETS revenues to fund maritime carbon capture trials and port infrastructure
Maritime emissions specialist, EmissionLink, has called for a dedicated proportion of EU Emissions Trading System (EU ETS) revenues to be invested…
Port of Antwerp-Bruges sees strong recovery in container throughput in volatile trading environment
In the first nine months of 2026, Port of Antwerp-Bruges handled 200.9 million tonnes of goods, 0.8% less than in the same period last year.…
Sanctions risks reshape commodity trading
Traders face sanctions challenge “odyssey” as geopolitical risks reformat global markets Commodity traders are operating in an increasingly…
Titan analysis shows FuelEU pooling propelled liquefied biomethane demand
- Clean fuel supplier evaluates compliance for 8,000 TEU containership operating in Northern Europe - FuelEU Maritime balances competitiveness…
Russian diesel tanker heads to New York as Kremlin claims regular shipments
Malta-flagged tanker should carry 40,000 mt fuel Agioi Fanendes left Primorsk Oct. 22: CAS US lifts sanctions, enables Russian imports……
Pilot transfer operation: A safer step aboard
Safe pilot transfer operations depend on both correct procedures and fit-for-purpose equipment. New SOLAS requirements entering into force in…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
