Russian settlement system A7 just dropped something wild.
Oct 13 launch: A7 International lets you pay foreign invoices in $USDT and receive funds via standard SWIFT in any fiat currency.
Targets foreign-trade companies + individuals. Fixed 0.3% commission.
This is a direct bridge between crypto rails and legacy banking for cross-border payments. If it scales, could be a real alternative to traditional correspondent banking.
PSB Chairman Petr Fradkov and A7 CEO Ilan Shor dropped the details. Worth watching if you're into payment infrastructure plays.
Oct 13 launch: A7 International lets you pay foreign invoices in $USDT and receive funds via standard SWIFT in any fiat currency.
Targets foreign-trade companies + individuals. Fixed 0.3% commission.
This is a direct bridge between crypto rails and legacy banking for cross-border payments. If it scales, could be a real alternative to traditional correspondent banking.
PSB Chairman Petr Fradkov and A7 CEO Ilan Shor dropped the details. Worth watching if you're into payment infrastructure plays.