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Grey expands global business banking with new USD-based payment capabilities

Grey , a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform.

The expanded offering is designed to help businesses receive international payments, manage large-scale cross-border transactions, and reduce the cost and complexity typically associated with international banking. Through Grey, businesses can now open a USD corporate account, manage payments from international clients, and make payouts to over 170 countries, including bulk payments, in minutes.

Cross-border payments remain a significant challenge for businesses in emerging markets. According to the World Bank, international money transfers typically incur an average fee of 6–7% of the amount sent, with settlement often taking several days. In addition, many businesses face limited access to foreign currency accounts, unpredictable intermediary fees, and poor exchange rate visibility, all of which restrict cash flow and growth.

Read more: https://www.techinafrica.com/grey-expands-global-business-banking-with-new-usd-based-payment-capabilities/