💎Diamond Standard Co. has launched CARATS, a blockchain payment system using tokenized diamonds. Unlike traditional exchanges, CARATS allows users to trade and transfer these diamonds, cash out in local fiat, or even exchange the token for the real gem!💍 No more regulatory hurdles, folks!🚀

Elon Musk's X platform and many centralized crypto exchanges could learn a thing or two from this. They're still wrestling with acquiring money transmitter licenses in every jurisdiction.

What's your take on this diamond-standard innovation? 💭 Let's discuss below!👇 #Blockchain #DiamondStandard #CARATS