Just came across this: someone has connected USDT with bank transfers.
Russia’s A7 launched A7 International today. Pay overseas bills with USDT, while the recipient receives fiat in their bank account as usual via SWIFT. The fee is a fixed rate of around 0.3%. It’s mainly aimed at international trade, but individuals can apply too. Stablecoins are really making their way into banking rails. Whether it works out is another question.
Would you use this service? Let’s talk in the comments.
Russia’s A7 launched A7 International today. Pay overseas bills with USDT, while the recipient receives fiat in their bank account as usual via SWIFT. The fee is a fixed rate of around 0.3%. It’s mainly aimed at international trade, but individuals can apply too. Stablecoins are really making their way into banking rails. Whether it works out is another question.
Would you use this service? Let’s talk in the comments.