Finally, someone is bridging the gap between Crypto and traditional banking for cross-border payments. A7 launched A7 International on October 13. Simply put: Payers can settle overseas bills using USDT, while payees don’t need to deal with Crypto at all. In the end, they still receive their desired fiat currency via regular SWIFT bank transfers. What I find noteworthy about this model is that it doesn’t require traditional businesses to completely change their existing payment habits. Instead, it adds a more flexible settlement layer in between. Currently, it’s mainly targeted at cross-border trade businesses, but individuals can also use it. The transaction fee is a fixed 0.3%. For those who frequently engage in international trade or cross-border payments, the most important thing has never been how innovative the concept is, but whether the money can reach the recipient’s bank account conveniently and securely. A7 International’s approach is a step forward in connecting stablecoin payments with the traditional banking system. Official website: http://A7.biz