VelaFi, a stablecoin-powered financial infrastructure platform for global businesses, has announced its entry into Japan as a co-organizer of the Stablecoin Settlement Association, an initiative led by Tokyo-listed Ikuyo Co., Ltd. aimed at modernizing Japan’s trade finance system.
The Stablecoin Settlement Association will unite financial institutions, exporters, and fintech providers to develop a standardized, blockchain-based settlement infrastructure. This initiative is designed to reduce payment costs, accelerate settlement processes, and simplify complex trade procedures within Japan.
VelaFi will contribute its technical expertise and international best practices, leveraging its existing blockchain and stablecoin-powered global payment infrastructure to support Japan’s trade settlement modernization. Through its enterprise solutions, VelaFi offers businesses tools for global money movement, including cross-border pay-ins and pay-outs, merchant collections, stablecoin custody, and multi-currency corporate wallets.
The platform enables instant (T+0) settlement, provides transparent FX without hidden markups, and offers real-time reconciliation, granting enterprises visibility and control over international cash flow. By extending these capabilities and its role in the association, VelaFi aims to provide exporters, fintechs, and global enterprises in Japan with faster, cheaper, and more transparent settlement options.
Maggie Wu, CEO and Co-Founder of VelaFi, stated her excitement about joining Ikuyo as a co-organizer. She noted, “Japan is a cornerstone of global trade, and by working with partners across industries, we aim to eliminate inefficiencies in cross-border payments and create a new standard for business settlement infrastructure.”
Ikuyo Co., Ltd. commented on the challenges faced by Japanese enterprises in cross-border payments, such as processing delays, hidden FX mark-ups, complex regulatory requirements, and limited transparency. The company initiated the Stablecoin Settlement Association to address these issues by building a blockchain-based, stablecoin-enabled settlement framework with financial institutions, exporters, fintechs, and service providers. Through the collaboration with VelaFi, Ikuyo seeks to provide Japanese exporters, importers, and cross-border e-commerce players with faster cash flow, reduced settlement costs, and enhanced financial transparency.
VelaFi’s expansion into Japan is part of its broader strategy to build next-generation global financial infrastructure. The company has previously deployed stablecoin-based payments across Latin America, the United States, and Asia, including operations in Hong Kong and Singapore, aiming to strengthen its presence in the Asia-Pacific region.
VelaFi, under Galactic Holdings, provides a stablecoin-powered financial infrastructure for global businesses. Its operations span Latin America, the United States, and Asia, with ongoing global expansion. The platform offers end-to-end solutions for cross-border pay-ins and pay-outs, multi-currency accounts, FX conversion, liquidity management, settlement and reconciliation, and compliance reporting. The enterprise-grade APIs connect to local rails, bank transfers, and stablecoin networks, offering businesses a unified infrastructure for global fund movement with speed, transparency, and regulatory confidence. VelaFi serves sectors such as cross-border e-commerce, international trade, fintech, and Web3.
