A7 to unveil a service that will re-invent the international payments market
A7 is set to present A7 International on 13 October in Moscow. The service is described as allowing payment of a foreign counterparty’s invoice in USDT, with the receiving side getting funds through a standard SWIFT bank transfer in the needed currency.
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Users and companies that move money across borders are the main audience for this launch, because the service is presented as a way to pay a foreign counterparty’s invoice in USDT while the receiving side gets a SWIFT transfer in the required currency. The sector notices a product that sits between a token payment and a conventional bank transfer, and the announcement date is 13 October in Moscow.
Compared with a plain SWIFT payment, the described setup adds a USDT leg before the funds arrive as a bank transfer in the needed currency. What remains in place is the SWIFT transfer itself, so the new element is the payment method at the invoice stage rather than the banking rail at the end.
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