WasabiCard Launches Real-Time Cross-Border Payment Service for 30 Fiat Currencies

WasabiCard's global remittance service supports over 30 fiat currencies, providing cross-border payment and bulk fund distribution capabilities for businesses, fintech platforms, and internet-native enterprises. The payment channel supports real-time or T+0 fund availability. This service utilizes stablecoins as the funding allocation and settlement layer, connecting traditional banking systems with local payment networks. After completing KYC/KYB verification, users can deposit USDT into their WasabiCard accounts and exchange USDT for their chosen fiat currency through the global remittance feature, which is then transferred in real-time to their personal bank card accounts. Eligible businesses can receive payments using their corporate bank accounts. Companies can initiate payments to employees, contractors, suppliers, creators, affiliate partners, and platform merchants through a unified management backend or API, with core capabilities including bulk payments, smart routing, transparent exchange rates and fees, payment status tracking, and financial reconciliation.

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