The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
New B2B payment system in development to enable stablecoin payments for Korean exporters
- BDACS and Devall Co. are jointly developing a stablecoin-based payment and settlement system allowing overseas buyers to pay Korean exporters in stablecoins, with proceeds settled in Korean won.
- The system integrates invoice issuance, payment, and settlement in a one-stop process, enabling exporters to receive payments faster and at lower cost without holding digital assets.
- BDACS will provide stablecoin custody services, while Devall Co. will handle invoice issuance, payment verification, reconciliation, and electronic tax documentation.
- The companies plan to link payment and settlement data with enterprise resource planning (ERP) systems to automate accounting processes.
- The system aims to reduce fees and shorten settlement times compared with conventional international transfers and may incorporate “KRW1,” a won-denominated stablecoin issued by BDACS.
- Regulatory frameworks on foreign-exchange reporting, taxation, anti-money laundering, and sender verification remain to be finalized before commercialization; pilot transactions with Korean exporters are planned to verify safety and efficiency.
Filters
Devanshee Dave
Mexico raises $1.78 billion in Samurai bond issuance, marking a return to the Japanese market
Mexico raises ¥282.8 billion through a four tranche Samurai bond issuance, diversifying funding sources and strengthening access to Asian capital markets.
Devanshee DaveThe US government sold $797 billion of Treasury securities this week across 10 auctions, including $562 billion of T-bills and $235 billion of Treasury notes.
Devanshee DaveSberbank, Russia’s largest government-majority-owned bank, plans to accept bitcoin, ether, and tether as collateral for loans, adapting its products to new cryptocurrency regulations.
Devanshee DaveThe Bank of England has established a new secondary objective to ensure its regulatory framework fosters safe development of digital payment innovations and drives economic growth.
Devanshee DaveIndonesia welcomed the WTO panel’s findings in dispute DS622, urging the Dispute Settlement Body (DSB) to adopt the report and calling for prompt EU implementation of the recommendations.
Devanshee DaveTieto and Siirto have partnered to improve digital invoicing accessibility and efficiency for businesses and consumers in Finland.
Devanshee Dave
FMO and TDB Group co-arrange a $600 million sustainability-linked loan facility for ETC Group to strengthen African agricultural value chains
FMO and TDB Group arrange a $600 million sustainability linked loan for ETC Group to strengthen African agricultural value chains and food security.
Devanshee DaveCanada announced retaliatory tariffs on $20 billion (€17.14 billion) worth of US imports following US President Donald Trump’s decision to raise duties on Canadian cars.
Devanshee Dave
POSCO International accelerates trade digitisation with launch of electronic bill of lading consortium
POSCO International launches an electronic bill of lading consortium with ZIM, Hana Bank, KTNET and logistics partners to digitise trade processes.
Devanshee DaveKernel, Ukraine’s largest sunflower oil exporter, is entering the energy sector with a 94.5 MW wind farm project in central Ukraine, supported by a DKK 750 million loan from EIFO.
Devanshee Dave
Indonesia’s upcoming minerals and strategic commodity exchange to build trusted infrastructure
Indonesia is preparing to launch a minerals and strategic commodity exchange to strengthen market transparency, trust and oversight of strategic commodity exports.
Devanshee Dave
IFC and Bank CenterCredit partner to expand trade finance access for Kazakh SMEs
IFC and Bank CenterCredit partner to expand trade finance access for Kazakh SMEs, supporting cross border trade and business growth.
Devanshee DaveThe Canadian dollar fell as much as 0.6% to C$1.3844 against the US dollar, marking its worst performance since June 17 amid the collapse of trade talks between Canada and the US.
Devanshee DaveUPS announced an ongoing $2 billion investment to enhance its international, healthcare, and supply chain businesses, aiming to improve global flexibility and connectivity.
Devanshee DaveMesta introduced its White-Labeled Customer Portal, enabling payment providers, fintechs, and B2B platforms to access its global payment infrastructure without extensive engineering.
Devanshee DaveCanadian Prime Minister Mark Carney withdrew negotiators from trade talks with the US hours before new US tariffs on over $20 billion of Canadian goods were set to take effect.
Devanshee DaveMaybank completed a RM1 million pilot of Malaysia’s first tokenised Supply Chain Financing (SCF) transaction using V Systems’ NexA tokenisation platform.
Devanshee DaveStandard Chartered led the arrangement of EUR 538 million financing to support Phase 2 of the Quilonga Grande Water System project, expanding Luanda’s potable water distribution network.
Devanshee Dave
HSBC and Standard Chartered complete first live cross-border tokenised deposit transaction on Swift’s blockchain ledger
Devanshee Dave