A7 International launches USDT-to-SWIFT payment service for cross-border invoices

Moscow-based fintech platform A7 International launched a USDT-to-SWIFT payment service on October 13, 2026, enabling clients to pay foreign invoices using TRON-based USDT while recipients receive traditional fiat bank transfers. Backed by PSB Bank, A7 processed over 10 trillion roubles in 2025, accounting for 19% of Russia's international settlements. The launch follows U.S. sanctions imposed on October 1, 2026, over $17 billion in alleged illicit transfers.

Service launch and presentation

• ▪A7 CEO Ilan Shor and PJSC Bank PSB Chairman Petr Fradkov introduced the A7 International payment service during a live presentation on October 13, 2026.
• ▪A7 International launched a service on October 13, 2026, enabling customers to pay foreign invoices in USDT stablecoins while recipients receive funds via standard bank transfer.

Payment mechanics and transaction fees

• ▪A7 International accepts USDT on the TRON network and routes equivalent bank transfers in US dollars, euros, Chinese yuan, and UAE dirhams.
• ▪A7 charges a fixed 0.3% transaction fee for its USDT-to-SWIFT international payment service, with processing starting from one business day.
• ▪The A7 International payment service does not require the receiving party to hold a crypto wallet or accept digital assets directly.

Compliance and user verification

• ▪A7 International requires individual users to undergo identity verification (KYC) and corporate clients to complete corporate data verification (KYB) before submitting invoices.
• ▪A7 provides closing documentation required for currency control and customs compliance upon completion of transactions.
• ▪A7 International utilizes an AI-driven compliance and routing system to analyze sender, beneficiary, and jurisdiction risk factors to select optimal payment paths.

Transaction volume and business scale

• ▪A7 reports serving approximately 15,000 corporate clients and executing about 2,000 transactions daily across more than 100 countries.
• ▪A7 processed over 10 trillion roubles in 2025, accounting for approximately 19% of Russian companies' international trade settlement volume.

U.S. sanctions and regulatory scrutiny

• ▪The U.S. Treasury Department imposed sanctions on the A7 Network on October 1, 2026, alleging its payment infrastructure facilitated transactions for sanctioned Russian and Iranian entities.
• ▪U.S. FinCEN reported that entities operating as A7 Sub-Agents processed over $17 billion in transactions between January 2025 and June 2026.