VelaFi is a financial infrastructure platform that uses stablecoins to support global businesses. It has entered the Japanese market as a co-organizer of the Stablecoin Settlement Association. The initiative is led by Tokyo-listed Ikuyo Co., Ltd. to modernize Japan’s trade finance system.
The association will bring together financial institutions, exporters, and fintech providers to build a standardized blockchain-based settlement infrastructure. This infrastructure aims to cut payment costs, accelerate settlements, and simplify complex trade finance procedures.
VelaFi’s Role in Japan’s Financial Digitalization
VelaFi’s role will leverage its blockchain and stablecoin-powered international payment infrastructure. The company offers end-to-end solutions for cross-border pay-ins and pay-outs, merchant collections, stablecoin custody, and multi-currency corporate wallets. These tools support instant (T+0) settlement, transparent foreign exchange without hidden markups, and real-time reconciliation, giving enterprises full visibility and control over global cash flow.
“Japan is a cornerstone of global trade, and by working with partners across industries, we aim to eliminate inefficiencies in cross-border payments and create a new standard for business settlement infrastructure,” said Maggie Wu, CEO & Co-Founder of VelaFi.
Ikuyo noted that Japanese enterprises face persistent challenges in cross-border payments and settlement, from processing delays and hidden FX markups to complex regulatory requirements and limited transparency. By collaborating, they aim to equip exporters, importers, and cross-border e-commerce players with faster cash flow, lower settlement costs, and greater financial transparency.
This move into Japan forms part of VelaFi’s broader global strategy. The company has launched stablecoin-based payments in Latin America, the United States, and Asia, including Hong Kong and Singapore. The Japanese expansion shows its dedication to creating new global financial infrastructure.
VelaFi’s expansion into Japan as the co-organizer of the Stablecoin Settlement Association represents a major milestone in modernizing trade finance. This move highlights the growing role of blockchain and stablecoin solutions in shaping the future of financial transactions. Businesses that do business around the world can now get settlement infrastructure that is faster, cheaper, and easier to understand.
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News Source: Businesswire.com