Russia's A7 to launch USDT-to-SWIFT cross-border payment service on October 13

A7 International, a service from the Russian settlement system A7 created by Bank PSB, will let customers pay a foreign counterparty's invoice in USDT, with funds arriving through a standard SWIFT bank transfer in the required currency. Foreign trade operators are the main target, though individuals are also eligible, and the fee is fixed at 0.3 percent. PJSC Bank PSB Chairman Petr Fradkov and A7 CEO Ilan Shor will present the offering on 13 October at 13:13. A7 says it works with 15,000 clients and processes around 2,000 transactions daily.

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