International Organizations and Multinational Companies

International organizations and companies often need to transact in multiple currencies. By using GLX or another custom designed currency basket from Globcoin for payments and incomes, multinational companies and organizations can avoid exposure to any individual national currency and rely on a global, stable currency that represents the most important economies in the World; with lower operating costs and higher efficiency.

Often, the use of GLX also eliminates the need for many intermediaries than can slow down and raise the costs of contracts and transactions.