Vladimir Putin urges African nations to tap into high-tech cross-border payment systems independent of Western rails
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Vladimir Putin spoke at the third Russia-Africa summit. He encouraged African nations to use high-tech cross-border payment systems that do not rely on Western infrastructure. He specifically mentioned sovereign systems like A7. He promised these systems would offer settlements in digital and traditional currencies. He also claimed they would be resistant to cut-offs and have ultra-low fees.
Speaking at the third Russia-Africa summit, Russian President Vladimir Putin invited African countries to join modern, sovereign payment systems such as A7, promising cut-off-proof settlements in digital and traditional currencies alongside ultra-low fees.