A7 International enables USDT payments for foreign invoices via SWIFT

Cross-border payments have always been the slow, expensive relative nobody wants at the table. SWIFT transfers take days, correspondent banks take their cut, and currency conversion adds another layer of friction. A7 International is betting there is a better on-ramp, and it runs through a stablecoin. The Moscow-based fintech platform launched a service on October 13, 2024, that lets senders settle foreign invoices using USDT on the TRON network, while recipients collect the funds as a conventional SWIFT transfer in whatever currency they prefer. No crypto wallet required on the receiving end, no renegotiating with counterparties who have never touched a blockchain. How the plumbing works The mechanic is straightforward: a business sends USDT to A7, which converts it and routes the equivalent value through its SWIFT infrastructure to the recipient’s bank account. Supported payout currencies at launch include USD, EUR, CNY, and AED, with additional currencies available by agreement. The fixed fee is 0.3% per transaction, with processing beginning from one business day. A7 also provides the closing documentation needed for currency control and customs compliance, which matters consid...