Industries · Trade finance
Pay overseas suppliers the same day, without pre-funding the corridor
A cross-border supplier payment usually crosses three banks, takes the better part of a week, and hides several percent in wire fees and FX spread. Xchange360 settles it over stablecoin rails and off-ramps to local currency on the other side, through regulated entities, so your supplier is paid in hours and your cash keeps working until you send it.
In brief
What are stablecoin cross-border payments for trade finance?
They move value between countries as a fiat-pegged stablecoin, then settle to local currency when it lands, instead of routing a wire through the correspondent-banking chain. For trade finance, that means an importer or trade desk can pay an overseas supplier in hours rather than days. Xchange360 runs the conversion and the local off-ramp through regulated entities, so you start in EUR, your supplier ends in their own currency, and there is no standing crypto position to manage.
The problem
The wire chain costs you speed, margin, and trapped cash
Correspondent banking adds days, layered fees, and FX spread to every supplier payment, and the number of active correspondent relationships keeps falling, so hard corridors clear slowly or not at all. To pay on time anyway, treasury pre-funds nostro accounts and leaves working capital parked abroad. Slow payments stall shipments and strain the supplier relationships your trade depends on.
Replace the multi-bank wire with one regulated settlement that lands the same day, and stop pre-funding corridors to make it happen.
How it works
How it works
Fund the payment in EUR
Convert EUR to stablecoins through the regulated on/off-ramp, or pay from a stablecoin balance you already hold. No nostro account to pre-fund in advance.
Send across the corridor
Value moves over stablecoin rails in a single hop instead of a chain of correspondent banks, with a traceable record for every payment.
Supplier is paid in local currency
We off-ramp to fiat on the destination side, so the supplier receives money they can spend, not a token they have to convert.
Reconcile against the invoice
Each payment ties back to the invoice it settled, with a clean audit trail your finance team and lenders can follow.
Why trade desks use it
Cross-border settlement, without the wait or the trapped cash
Hours, not days
Xchange360 accepts, converts and settles the crypto as the party of record, so the crypto-asset service, and the MiCA licence it requires, sits with us, not with you or your supplier.
Stop pre-funding corridors
Send when the payment is due instead of parking working capital in nostro accounts abroad to cover slow rails. Cash stays with you until it moves.
Regulated, not offshore
Conversion and the local off-ramp run through regulated entities under a real licensing regime, with KYC, source-of-funds checks, and records that stand up to lender and audit scrutiny.
Reach the hard corridors
Local off-ramps cover routes where correspondent banking is slow or has been withdrawn, priced at size by the group liquidity desk so large payments execute with certainty.
Who it's for
Importers and exporters paying overseas suppliers
Commodity traders settling across hard or high-volume corridors
Trade-finance desks and corporate treasury teams
Any business whose supplier wires are slow, costly, or blocked
FAQ
Common questions
Do we have to hold the stablecoins?
Only if you want to. A payment can run end to end so you start in EUR and your supplier ends in their local currency, with no standing crypto exposure on your books. If you already hold stablecoins, you can pay straight from that balance.
Is this regulated, or is it an offshore workaround?
Regulated. The conversion and the destination off-ramp run through licensed entities, with KYC and source-of-funds checks on the flow. You get a clean, auditable record for each payment rather than an offshore route your lenders and auditors will question.
Which corridors are covered?
Coverage focuses on the corridors where correspondent banking is slow, expensive, or has been withdrawn, with local off-ramps on the destination side. Availability depends on jurisdiction and eligibility, so talk to the desk about your specific routes.
How is the cost different from a bank wire?
A wire buries cost in intermediary fees and the FX spread, so the all-in figure is hard to see before you send. Here you get a transparent settlement cost you can put side by side with the wire fee and spread you pay today. Supplier payments are also one product on a platform that handles accepting crypto, converting, holding, and paying out, so treasury runs the whole flow through one regulated desk.
How fast does a supplier payment actually settle?
Most payments land the same day, often within hours, because value moves in a single hop over stablecoin rails and off-ramps to local currency on the destination side rather than crossing three correspondent banks. Exact timing depends on the corridor, the destination off-ramp and when the payment is funded, so the desk can confirm expected times for your specific routes. Compare that with the several working days a hard-corridor wire typically takes.
Is the EUR-to-local-currency rate fixed when I send, or can it move?
The conversion is priced at execution, so you know the cost before the payment goes out rather than discovering an FX spread after the fact. Because the transfer settles quickly, there is little window for the rate to drift between funding and the supplier being paid. Talk to the desk about how rates are quoted for larger or scheduled payments on your corridors.
What records do our lenders and auditors get for each payment?
Every payment ties back to the invoice it settled and carries a traceable record of the flow plus the KYC and source-of-funds checks that ran on it. That gives finance, auditors and trade-finance lenders a clean audit trail per transaction instead of a fragmented correspondent-banking paper chase. It is designed to stand up to the scrutiny a documentary or lender-backed trade attracts.
What happens if a payment is sent to the wrong beneficiary or needs to be recalled?
Because settlement is designed to be final, payments should be verified before they are sent rather than recalled afterwards, which is why beneficiary and source-of-funds checks run as part of the flow. If a payment cannot be completed at the off-ramp, the desk works with you to resolve or return the funds through the regulated route it came in on. Raise recall and exception handling with the desk so you understand the process before you go live.
Does the supplier need a crypto wallet or any crypto knowledge to be paid?
No. We off-ramp to fiat on the destination side, so the supplier receives money in their own local currency into their normal account, not a token they have to convert. Nothing about their side of the payment changes, which removes the usual objection that overseas suppliers will not touch crypto.
How does this fit alongside letters of credit and our existing treasury tools?
It replaces the settlement leg of a supplier payment rather than your trade-finance instruments, so you can keep using it for open-account and prepayment flows while retaining letters of credit where a deal requires them. Supplier payments are one product on a platform that also accepts, converts, holds and pays out, so treasury can run the whole flow through one regulated desk. Talk to the desk about mapping it into your current treasury and ERP process.
