A7, the Russian international settlement system created by Bank PSB, is set to unveil its new A7 International service on 13 October 2026. The service will let customers pay a foreign counterparty’s invoice in USDT, while the funds arrive via a standard SWIFT bank transfer in the required currency.
The launch is aimed primarily at foreign trade operators, though individuals will also be eligible. A7 has set a fixed fee of 0.3 percent for the service. Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, are scheduled to present the offering at 13:13 on 13 October.
According to company information, A7 was established in 2024 with the involvement of PSB Bank and is building an independent global payment infrastructure across more than 100 countries. Its product suite includes international payments, digital financial assets and promissory notes. The group currently works with 15,000 clients and processes around 2,000 transactions daily. 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 planned USDT-based payment option could further expand the use of stablecoins in cross-border trade settlement, especially in markets seeking alternatives to traditional correspondent banking routes.
