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Russian firm develops SWIFT alternative

The Russian company "A7," which specializes in international transfer payments, has launched a new system that enables businesses and individuals to conduct cross-border transactions using digital assets. The system aims to bypass Western sanctions, allowing clients to pay with the digital dollar currency "USDT" and execute bank transfers via the SWIFT system, without the need to open digital wallets or accept cryptocurrencies. This service is designed to promote Russian foreign trade and expand its international operations, ensuring security, ease of use remotely, and circumvent the sanctions imposed on the company by the United States in October 2026, which was regarded by authorities as a transnational organized crime entity.

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