For companies engaged in international trade, the pain points of capital cross-border flow are all too familiar: a payment issued from the mainland needs to be transferred through banks in different time zones, undergoing complicated reconciliation, auditing, and clearing processes, taking at least a few hours and up to several days to finally reach the recipient's account. During this period, the costs of capital being held, risks from exchange rate fluctuations, and fees deducted by intermediary banks all ultimately accumulate as a burden on the company's operations. A study by the Bank for International Settlements indicates that the average cost of global cross-border payments is still as high as over 6%, with over 30% of transactions taking more than 24 hours to settle.