# Cross-Border Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Cross-Border", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

A7 Discusses Accumulated Experience in Using Stablecoins

The Russian State Duma and Federation Council have passed the "Law on Digital Currencies and Digital Rights," which is set to expand the use of stablecoins in cross-border trade settlements starting September 1, 2026. According to the Bank of Russia, exporters and importers will be able to use cryptocurrency in international payments, both directly and through intermediaries, while domestic crypto payments will remain largely prohibited. Company A7, which facilitates operations with the A7A5 stablecoin—Russia's first ruble-pegged stablecoin classified as a Digital Financial Asset (DFA)—commented on the development. Oleg Ogienko, Director of Government Relations and International Affairs for the A7A5 project, stated that while digital asset settlements are still a new practice for many firms, A7 has already accumulated significant expertise in legal documentation, compliance, currency control, and working with infrastructure participants. He added that A7 will continue to apply this expertise for client operations after the law takes effect and will adapt its business processes as the Central Bank issues further regulations. A7 is a Russian international settlement system established in 2024 with participation from PSB Bank. It facilitates cross-border payments and supports foreign trade operations for Russian businesses. Its key instrument, the A7A5 stablecoin, operates on the Tron and Ethereum networks with a market capitalization exceeding $567 million and is circulated in Russia as a DFA via the "Token" platform.

cryptonews.ru07/29 11:51

A7 Discusses Accumulated Experience in Using Stablecoins

cryptonews.ru07/29 11:51

Visa outlines stablecoin strategy during Q3 earnings call

Visa's fiscal third-quarter revenue grew 14% year-over-year to $11.6 billion, supported by strong growth in payments volume, cross-border transactions, and processed transactions. During its earnings call, the company detailed its expanding stablecoin strategy, emphasizing investments across the entire stablecoin ecosystem, including blockchain infrastructure, issuance, wallets, and applications. Visa highlighted progress in issuance and application layers, and announced its participation in the OpenStandard consortium, which plans to issue the OpenUSD stablecoin for global money movement. The Visa stablecoin platform is designed to allow partners to settle with Visa using stablecoins, provide onchain wallet services, and facilitate conversions between fiat currency and stablecoins, starting with OpenUSD. The platform will also integrate with Pismo to support financial institutions' tokenized deposits, with plans to add more infrastructure providers. Visa further described stablecoins and artificial intelligence as complementary long-term growth technologies, suggesting that while stablecoins reshape the backend of commerce, AI is transforming the frontend.

cointelegraph07/28 22:05

Visa outlines stablecoin strategy during Q3 earnings call

cointelegraph07/28 22:05

IMF Sounds Alarm: Why Brazil's Rapidly Developing Cryptocurrency Market Needs Urgent Regulation

The IMF has expressed alarm over Brazil's rapidly growing cryptocurrency market and the urgent need for its regulation. In its latest Financial System Stability Assessment report, the IMF highlighted the enormous expansion of crypto financial channels, which have surpassed traditional capital flows in volume since 2017, largely driven by stablecoins due to their efficiency and tax advantages. The report notes these flows are influenced by international indices, Bitcoin prices, and domestic factors like exchange rates and policy uncertainty. While acknowledging steps taken by Brazil's central bank to regulate Virtual Asset Service Providers (VASPs), the IMF points to critical gaps. These include insufficient customer legal protection, lack of asset segregation for custodial holdings, and incomplete implementation of international Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards, such as the full "travel rule." The urgency for action is heightened because Brazil's crypto ecosystem is deeply interconnected with its traditional financial system. To mitigate risks, the IMF calls for establishing a clear regulatory framework, implementing enhanced reporting protocols, and strengthening cooperation between national and international supervisory bodies.

cryptonews.ru07/28 08:23

IMF Sounds Alarm: Why Brazil's Rapidly Developing Cryptocurrency Market Needs Urgent Regulation

cryptonews.ru07/28 08:23

Ratio's CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions in Asia

The CEO of Ratio, John Cho, argues that multi-currency stablecoins could save Asia billions by eliminating costly foreign exchange conversions in regional trade. While USD stablecoins like USDT and USDC work for global settlements, local Asian trade is conducted in local currencies like the Korean won or Singapore dollar. Forcing these transactions through USD intermediaries creates unnecessary costs and currency risk. Cho envisions a complementary ecosystem where local-currency stablecoins work alongside USD stablecoins, enabling seamless cross-border settlements without conversion friction. A key pain point in traditional banking is the need for pre-funded Nostro and Vostro accounts, which lock up vast amounts of working capital. Blockchain-based settlement layers like Ratio offer a 24/7 alternative, using on-chain liquidity to enable instant execution even when traditional channels are closed. Modern Web3 infrastructure providers are focusing on pragmatic integration with existing corporate systems like ERPs, allowing businesses to gradually shift volumes to digital channels for better speed, cost, and reduced slippage. Clear regulation is cited as the critical catalyst for widespread institutional adoption. As jurisdictions like the U.S. advance legislation (e.g., the CLARITY Act) and Asian countries are expected to pass their own stablecoin laws within 12-24 months, regulatory uncertainty is receding. The ultimate vision is for regulated stablecoins to become an invisible settlement layer integrated into national payment systems, where payments simply happen on-chain, erasing the boundary between traditional banking and digital assets.

cryptonews.ru07/28 06:17

Ratio's CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions in Asia

cryptonews.ru07/28 06:17

Kakao Pay Partners with Nasdaq-listed Siebert to Tokenize Korean Stocks for Wall Street

Kakao Pay Securities and U.S. broker-dealer Siebert (Nasdaq: SIEB) announced a partnership, "K-Stock Global Gateway," to explore offering tokenized South Korean stocks to American investors. The primary goal is to overcome the time-zone barrier, as U.S. traders cannot currently trade Korean stocks during Seoul's market hours. Tokenized shares on a blockchain could enable trading outside traditional exchange hours. The partnership also aims to explore T+0 same-day settlement for faster access to proceeds. Launch of the service is targeted for the first half of 2027. Kakao Pay brings about 9 million existing Korean brokerage accounts to the venture. However, implementation remains contingent on receiving necessary regulatory approvals in both the U.S. and South Korea. Executives from both companies emphasized that tokenization is just one initial step in a broader partnership. They plan to develop more cross-border financial products and investment opportunities, combining Siebert's U.S. market access with Kakao Pay's technology and community reach.

cryptonews.ru07/28 05:26

Kakao Pay Partners with Nasdaq-listed Siebert to Tokenize Korean Stocks for Wall Street

cryptonews.ru07/28 05:26

Mento brings its FX Protocol to Polygon

Mento Protocol, a leading decentralized FX infrastructure, has deployed on Polygon, bringing its stablecoin markets to the network. The launch, starting with a USDm/EURm trading pair, provides the foreign exchange layer needed to connect the growing non-USD stablecoin activity on Polygon with predictable, onchain FX liquidity. This expands Polygon's ecosystem beyond dollar-only liquidity. The deployment is supported by liquidity partner Capa and integrates EURØP, a MiCA-regulated euro token from Schuman Financial, as a reserve asset for EURm. Mento's Fixed Price Market Maker design uses trusted price oracles to offer predictable, reference-rate execution across currencies, aiming to make non-USD stablecoins more usable for cross-border payments and other applications. Executives from Mento Labs, Polygon Labs, Capa, and Schuman Financial emphasized that this infrastructure is crucial for scaling reliable, multi-currency stablecoin payments and connecting local-currency markets onchain.

cointelegraph07/27 15:05

cointelegraph07/27 15:05

Crypto payments for gray-market peptides up by 700% in a year – Details

The use of cryptocurrency payments, primarily Bitcoin and stablecoins, for gray-market peptides in the United States surged by 700% in a year, according to a recent report. These peptides, often sold as wellness or anti-aging aids, exist in a regulatory gray area. Facing tighter restrictions from traditional banks, vendors increasingly accept crypto, with some Chinese suppliers accepting only Bitcoin. This has attracted mainstream consumers seeking cheaper access, even those new to cryptocurrency. Data from Chainalysis shows gray-market peptide vendors received $32 million in crypto in Q1 2026, projecting an annual run rate over $100 million. TRM Labs noted a similar trend, estimating $41.4 million in crypto inflows to Chinese peptide sellers in 2025. Analysts highlight this involves many first-time crypto users, distinct from historical darknet market activity, and underscores crypto's role in facilitating cross-border value transfer. This growth occurred alongside a broader downturn in general retail crypto transaction volumes in early 2026.

ambcrypto07/22 06:02

Crypto payments for gray-market peptides up by 700% in a year – Details

ambcrypto07/22 06:02

Understanding the Stablecoin Industry Chain in One Article: The Real Profits Are Not in the Issuance

Understanding the Stablecoin Industry Value Chain: The Real Profits Are Not in Issuance The article argues that while industry discussion focuses on stablecoin issuers like Tether and Circle, the real profit opportunities lie further down the value chain. It breaks the stablecoin ecosystem into five key segments: issuance, on/off-ramps, on-chain transfers, payments, and yield generation/asset growth. Issuance is dominated by a few giants with massive scale and trust advantages, making direct competition difficult. New entrants are advised to focus on specialized infrastructure roles within this segment instead. The on/off-ramp sector faces intense competition and margin pressure on basic transaction fees, pushing service providers to expand into adjacent services for recurring revenue. The on-chain transfer segment, particularly for cross-border payments and payroll, offers significant cost advantages over traditional systems. Profits are not in the transfer itself but in the surrounding compliance, FX services, and leveraging idle funds. In payments, the core profitability lies not in consumer-facing card brands but in the backend infrastructure for issuing, clearing, and settlement. This allows players to capture reserve interest and improve capital efficiency through real-time, on-chain clearing. Finally, the asset growth/yield segment has evolved into a full-fledged on-chain asset management industry. It features layered models with specialized risk managers and offers products ranging from tokenized treasuries (RWA) to yield-bearing synthetic dollars. The future direction points towards integrating stablecoin advantages (24/7 clearing, low-cost transfers, programmable yield) into existing traditional financial infrastructure, as seen in recent acquisitions. Value is shifting downstream to the clearing/payments layer and towards compliant integration with traditional finance, including the rise of regional non-USD stablecoins.

Foresight News07/17 03:37

Understanding the Stablecoin Industry Chain in One Article: The Real Profits Are Not in the Issuance

Foresight News07/17 03:37

Avalanche Quietly Becomes an RWA Public Chain

Avalanche has strategically shifted its focus towards becoming a leading blockchain for Real-World Asset (RWA) tokenization and payments, moving beyond its initial gaming-centric reputation. Data from RWA.xyz shows Avalanche ranks third among blockchains when considering networks used for settlement, thanks to its unique subnet architecture (now independent Avalanche L1s following the Avalanche9000 and Granite upgrades). These upgrades drastically reduced operational costs and increased autonomy for validators, making it an attractive, cost-effective EVM-compatible Layer 1 for institutional partners. Major institutions like Securitize (which hosts tokenized versions of funds like BlackRock's BUIDL), Galaxy (issuing a $75M CLO), and FinChain have launched significant RWA projects on Avalanche. Its combination of low transaction costs, fast finality, and high customizability through its L1 stack appeals to traditional finance. This is further evidenced by partnerships with entities like NHN KCP, NEC, Progmat, and the formation of the Avalanche Payments Collective with members including Franklin Templeton and VanEck. Recent proofs-of-concept, such as a cross-border settlement for Hyundai, demonstrate practical utility. While Avalanche's ecosystem and institutional adoption are rapidly expanding, its native token (AVAX) price has not reflected this growth, as the protocol prioritizes network flexibility and adoption over immediate tokenomics adjustments like buybacks.

Foresight News07/16 10:44

Avalanche Quietly Becomes an RWA Public Chain

Foresight News07/16 10:44

How Will Stablecoins Reshape the Corporate Payments Landscape in 2026?

In 2026, stablecoins are no longer a niche cryptocurrency topic but are being actively explored by enterprises to modernize cross-border payments. Traditional systems, burdened by slow settlement, high costs, and limited transparency, struggle to meet the needs of global digital commerce. Stablecoins, which combine the price stability of fiat currencies with the speed and programmability of blockchain, offer compelling business advantages. These include faster settlement (minutes vs. days), lower transaction costs by reducing intermediaries, greater transparency through immutable records, 24/7 availability, and global accessibility. Key enterprise use cases are emerging: cross-border supplier payments, treasury management, payroll for distributed teams, digital commerce, and B2B transactions. A transformative aspect is programmable payments via smart contracts, enabling automation of processes like subscription billing, escrow, and supply chain payments. Adoption hinges on robust security, compliance (AML/KYC), and regulatory clarity. Future trends like asset tokenization, embedded finance, and AI-driven financial systems are expected to accelerate integration. In conclusion, stablecoins are evolving from an alternative technology into foundational infrastructure for next-generation enterprise payments, offering efficiency, cost savings, and new capabilities for a connected global economy.

marsbit07/16 06:31

How Will Stablecoins Reshape the Corporate Payments Landscape in 2026?