Almond Description
Almond is part a new breed in cross-border financial innovations that moves money in new and agile ways. Almond API suite seamlessly bridges the worlds digital currency and fiat. It can reduce settlement time, cut costs, optimize settlements, and improve transparency. There is a lot of friction when you jump from one ecosystem to the next, as you do with cross-border payments. Almond Transfer Protocol expands the coverage by standardizing cross border communications between financial institutions and optimizing the conversion between digital and fiat currency. A transaction begins with a deposit in fiat money at the sending financial institution. It is then transferred cross-border as a digital currency via a network of digital currencies exchanges. It's then transferred to the beneficiary financial institution as a digital currency.