A7 to Unveil A7 International, a USDT Payment Service Settled via SWIFT Bank Transfers
Key Takeaways
- •A7 International will allow payers to settle a foreign counterparty's invoice in USDT, while recipients receive funds through standard SWIFT bank transfers in the currency the invoice specifies.
- •The service charges a fixed fee of 0.3 percent and primarily serves foreign trade operators, though individuals are also eligible customers.
- •Bank PSB Chairman Petr Fradkov and A7 CEO Ilan Shor will unveil the offering and share further operational details in a broadcast on October 13 at 13:13.
- •A7 was established in 2024 with Bank PSB's involvement and processed approximately 19 percent of Russian companies' cross-border trade settlements in 2025.
- •A7 Group serves 15,000 clients, processes around 2,000 transactions daily, and holds an AA(RU) credit rating with a Stable outlook from ACRA awarded in October 2025.
Moscow, Russia, October 12, 2026 (Chainwire)
A7, the Russian international settlement system created by Bank PSB, is set to present A7 International on October 13, a service that enables payments for a foreign counterparty's invoice in USDT, with the funds arriving via a standard SWIFT bank transfer in the required currency. USDT is a US dollar-pegged stablecoin issued by Tether, the largest stablecoin by market capitalization, while SWIFT is the global messaging network banks use to exchange standardized payment instructions, linking thousands of financial institutions worldwide. The structure bridges two settlement environments: the payer commits value in a blockchain-based dollar token, while the receiving side collects funds through conventional bank rails in the currency the invoice specifies.
The service will cater primarily to foreign trade operators, though individuals are also eligible customers. The fee remains fixed at 0.3 percent. Stablecoins have become a widely used instrument for cross-border value transfer, and connecting one to SWIFT settlement places a digital asset payment method within the messaging infrastructure used for much of the world's international bank payments.
Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, will provide a glimpse into the new offering on October 13 at 13:13, where further operational details of the service are expected to be shared. 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.
A7 is developing an independent global payment infrastructure spanning more than 100 countries, combining global financial expertise, advanced technology, and regulatory compliance. The company's 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
Source Metaverse Post
