A B2B currency is aimed at creating extra income sources for SME businesses through payments and financing. SMEs can trade with other SME businesses. Using the B2B currency instead of dollars or euros creates additional liquidity. A B2B currency is form of a local currency geared towards small and medium companies.
Examples of B2B currencies
Terra
The Terra (TRC) is a possible "world currency", proposed by Belgian economist Bernard A. Lietaer in 2001.
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Advantages of B2B currencies
- Better profit margin
- Cheap, fast working capital for 0% interest
- Spend less in USD, EUR
- New channels to market products and services