World Free Finance Company partners with Spacecoin to introduce satellite-based decentralized finance (DeFi) and $1 stablecoin payments to unbanked regions, bypassing traditional infrastructure. The project promises to achieve inclusive finance through instant, low-cost transactions but also raises concerns about centralized control and potential value extraction, emphasizing that merely having financial channels does not guarantee local empowerment or fair benefits.
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World Free Finance Company partners with Spacecoin to introduce satellite-based decentralized finance (DeFi) and $1 stablecoin payments to unbanked regions, bypassing traditional infrastructure. The project promises to achieve inclusive finance through instant, low-cost transactions but also raises concerns about centralized control and potential value extraction, emphasizing that merely having financial channels does not guarantee local empowerment or fair benefits.