Exved Brings Tether’s USDT Stablecoin to the Global Stage with New Cross-Border Payment Service

Exved, with the support of USDT's stablecoin, introduces a new cross-border payment system in Russia
Source: Adobe

Ahoy, digital asset investors! Hold onto your hats because I’ve got a treat for you. As we navigate the wild world of blockchain technology, let’s take a little detour to Russia, where a digital settlement exchange called Exved has just burst onto the scene like a firework made of Tether’s USDT.

Exved, the brainchild of some Russian geniuses, is all about empowering local legal entities to conduct cross-border digital payment services. But this ain’t your typical payment platform, oh no. Exved operates on a business-to-business (B2B) electronic platform that’s so smooth, it’s like a swan gliding across a serene lake.

So, what’s the deal with Exved? Well, it’s here to streamline cross-border payments for Russian legal entities, cutting out the middlemen and keeping those pesky intermediaries at bay. And the best part? They’re doing it all at minimal market rates. It’s like getting a premium bottle of champagne for the price of a soda pop.

But wait, there’s more! Exved isn’t just about payments. They’ve got a few tricks up their sleeves. Picture this: you place an offshore order as a Russian importer or exporter, and Exved not only takes care of the payment but also handles all the legal transaction documentation. It’s like having your own personal assistant who juggles paperwork like a circus performer.

To make sure everything is above board, Exved exclusively collaborates with legal entities. They’re all about being squeaky clean, complying with Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) measures. They mix non-resident (offshore) rubles, US dollars, and USDT to create a magical elixir of seamless settlements.

And guess who’s in on the action? Some big players in the cross-border payment market, that’s who. Plus, technical specialists from InDeFi Bank, the pioneer of decentralized ruble projects, are on board too. It’s like assembling a dream team of financial superheroes to save the day.

But hold your horses, folks! Before Exved could spread its wings, it needed the green light from the one and only Bank of Russia. And guess what? It got the thumbs-up! Plus, the Federal Financial Monitoring Service also gave it the nod. It’s like Exved leveled up to superhero status, gaining the trust and approval of the financial authorities.

Now, you might be thinking, “But, Mr. Blockchain Guru, what’s in it for me?” Well, my dear investors, Exved is here to show you that transactions don’t have to bleed you dry. You won’t be shelling out those exorbitant fees anymore. Instead of paying 6–7%, you’ll be gleefully handing over a mere 2–3%. It’s like getting a discount that’s so good, it feels like a steal!

Oh, and did I mention that Exved wants to introduce some fancy mechanisms for payment requests? They’re all about efficiency and cost-effectiveness. It’s like having a high-tech robot assistant who knows exactly how to get things done quickly and cheaply.

Now, you might be wondering, “Is Exved legit?” Absolutely! With the approval from the regulatory bigwigs, Exved is as legit as it gets. They’re committed to compliance and regulatory standards like a strict professor who won’t let anything slide. So, rest assured, your financial landscape in Russia just got a whole lot safer and more exciting.

But wait, there’s another twist to this tale. The inception of Exved aligns perfectly with an agreement between the Russian central bank and the Ministry of Finance. They want to make cross-border settlements in digital assets a breeze for all the fine folks of Russia. It’s like saying, “Hey, Russian nationals, grab your digital wallets and let’s conquer the world!”

So, my fellow investors, are you ready to join the revolution? Exved is here to shake things up, make transactions smoother than a Rick Astley dance move, and give you the financial freedom you deserve. Buckle up and get ready for a wild ride into the world of digital settlement exchanges.

Psst, don’t forget to share your thoughts on Exved and let’s have a jolly good discussion!

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