VelaFi officially enters the Japanese market, promoting the digital upgrade of trade Settlement.

According to Mars Finance, on October 30, the stablecoin cross-border financial infrastructure platform VelaFi announced its official entry into the Japanese market and joined as a co-initiator the Stablecoin Settlement Association established by Tokyo-listed Ikuyo Co., Ltd. to jointly promote the digital upgrade of Japan's trade settlement system. It is understood that the association will unite Financial Institutions, exporters, and fintech service providers to build a standardized settlement infrastructure based on Blockchain, specifically addressing pain points such as latency, hidden costs, and lack of transparency in cross-border payments for Japanese companies. VelaFi will rely on its core technology in Blockchain and stablecoins to provide T+0 instant settlement, transparent currency exchange, multi-currency virtual account management, and other integrated services, sharing international operational experience. VelaFi co-founder and CEO Maggie Wu pointed out that Japan, as a global trade hub, this cooperation will focus on eliminating inefficiencies in cross-border payments and establishing new industry standards; an Ikuyo spokesperson stated that both parties will assist local import and export enterprises in achieving faster capital turnover and cost optimization. This entry into Japan marks an important milestone in VelaFi's global layout. Currently, its business covers Latin America, the United States, and Asian markets such as Hong Kong and Singapore. As a subsidiary of Galactic Holdings, VelaFi has provided full-chain financial services to hundreds of government and enterprise clients, covering multiple fields including cross-border e-commerce and Web3. This move further deepens its influence in the Asia-Pacific region and injects momentum into the compliance-driven advancement of the stablecoin settlement ecosystem in Japan.