A7 to Unveil A7 International, a USDT-Based Cross-Border Payment Service Settling via SWIFT
Key Takeaways
- •A7 International, a new service from the A7 settlement system created by Bank PSB, will be presented on October 13, 2026, and enables customers to pay foreign counterparties' invoices in USDT.
- •Funds paid in USDT reach beneficiaries through a standard SWIFT bank transfer in the required currency, so recipients do not need to hold or convert stablecoins.
- •The service is aimed primarily at foreign trade operators while remaining open to individuals, and it charges a fixed fee of 0.3 percent.
- •PJSC Bank PSB Chairman Petr Fradkov and A7 CEO Ilan Shor will provide details of the new offering during a live presentation at 13:13 on October 13.
- •A7 Group serves 15,000 clients, processes about 2,000 transactions daily, and handled roughly 19% of Russian companies' cross-border trade settlements in 2025.
Moscow, Russia — October 12, 2026 — via Chainwire
The Russian international settlement system A7, created by Bank PSB, is set to present A7 International on October 13, a new service that enables customers to pay a foreign counterparty's invoice in USDT, with the funds arriving via a standard SWIFT bank transfer in the required currency.
USDT, the USD-pegged stablecoin issued by Tether, is the largest stablecoin by market capitalization and one of the most widely used instruments for moving dollar-denominated value across borders, as transfers settle on public blockchains around the clock. SWIFT is the standard messaging network that banks worldwide use to exchange payment instructions for international transfers. A7 International bridges the two rails: the invoice is paid in USDT, while the beneficiary receives funds through a conventional SWIFT bank transfer in the required currency. For the receiving side, that means the payout lands as a standard bank credit in the counterparty's account, with no need for the beneficiary to hold or convert a stablecoin.
According to the announcement the service will cater primarily to foreign trade operators, though individuals are also eligible customers. The fee remains fixed at 0.3 percent.
Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, will provide a glimpse into the new offering during a live presentation on October 13 at 13:13. The announcement did not specify which currencies will be supported on the payout leg or when the service will become generally available; the October 13 broadcast is the announced venue for further details. To join the live broadcast and learn about the new project, follow the link:
About A7
A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank.
The company is developing an independent global payment infrastructure spanning more than 100 countries, combining global financial expertise, advanced technology and regulatory compliance. Its products include international payments, digital financial assets and promissory notes.
A7 Group works with 15,000 clients, with around 2,000 transactions processed through the system every day. In 2025, approximately 19% of Russian companies' cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA, the Analytical Credit Rating Agency.
Contact: Alex Fedorov, CMO of A7 — info@a7.biz
