Russian settlement system A7 to launch USDT cross-border payments on October 13
- —A7 International launches October 13 with a flat 0.3% fee
- —Users pay counterparty invoices in USDT, with final delivery via SWIFT
- —A7 serves 15,000 clients and processes about 2,000 transactions daily
- —About 19% of Russian companies' cross-border trade settlements went through A7 in 2025
Why it matters: Growing USDT-based settlement channels outside traditional rails boost stablecoin demand in Russian cross-border trade.
Source: ChainCatcher 链捕手
More on this
Regulation · Sep 19Brazil's Central Bank Bans Stablecoins in Cross-Border Payments from October 1
Exchanges · Sep 22Bitpace taps Fireblocks to boost cross-border stablecoin settlements
Regulation · Oct 2Russian Interior Ministry names three main uses of crypto: drugs, gambling and cross-border laundering