Why is the new payment system important?

The platform is designed to reduce delays and help businesses move money across borders more quickly.

How can blockchain improve international payments?

Blockchain can process transactions faster and reduce the need for multiple intermediaries, helping lower delays and improve efficiency.

The platform is aimed at businesses that regularly send and receive international US dollar payments.

Many banks are testing blockchain to speed up payments, improve transparency and reduce the cost of cross-border transactions.

Image for illustrative purposes only. Not a real photo.

Written by Brie CarterPublished Jul 16, 2026, 6:27 AM

Emirates NBD has launched a blockchain-based platform that enables real-time US dollar cross-border payments.

The bank said the new service will reduce delays by allowing businesses to send and receive payments more quickly.

The platform uses blockchain technology to improve payment speed while maintaining security and transparency for international transactions.

Cross-border payments often take several days because they pass through multiple banks before reaching the recipient.

Banks around the world are increasingly exploring blockchain to lower costs and make international payments faster and more efficient.

The launch highlights growing interest from major financial institutions in using blockchain for real-world payment services.