VelaFi and Ikuyo Co-Organize Stablecoin Settlement Association in Japan

CryptoNews
  • Stablecoin infrastructure platform VelaFi entered Japan as co-organizer on Oct. 28, 2025
  • Association includes financial institutions, exporters and fintech providers building blockchain settlement infrastructure
  • VelaFi provides T+0 settlement and transparent FX across Latin America, US, Hong Kong and Singapore

VelaFi announced its entry into Japan as co-organizer of the Stablecoin Settlement Association on Oct. 28. The initiative is led by Tokyo-listed Ikuyo Co., Ltd. to modernize Japan’s trade finance system through blockchain-based infrastructure. VelaFi is a stablecoin-powered financial infrastructure platform operating under Galactic Holdings.

Association Targets Trade Finance Inefficiencies

The association will bring together financial institutions, exporters, and fintech providers to develop a standardized blockchain-based settlement infrastructure. According to the announcement, the group aims to cut payment costs, accelerate settlement times and simplify complex trade procedures for Japanese enterprises

Ikuyo Co. stated the initiative addresses persistent challenges including processing delays, hidden foreign exchange markups, complex regulatory requirements and limited transparency in cross-border transactions.

VelaFi will provide technical expertise through its blockchain and stablecoin-powered global payment infrastructure. The platform offers cross-border pay-ins and pay-outs, merchant collections, stablecoin custody and multi-currency corporate wallets

VelaFi’s infrastructure enables instant settlement without the standard two-day waiting period, transparent foreign exchange conversion without hidden markups, and real-time reconciliation for enterprises managing international cash flow.

Japan Entry Part of Asia-Pacific Expansion

VelaFi CEO and Co-Founder Maggie Wu said the company aims to eliminate inefficiencies in cross-border payments and create a new standard for business settlement infrastructure in Japan. Wu described Japan as a cornerstone of global trade

The company has deployed stablecoin-based payments across Latin America, the United States and Asia, including operations in Hong Kong and Singapore.

Ikuyo Co. stated the new settlement framework will equip Japanese exporters, importers and cross-border e-commerce players with faster cash flow and lower settlement costs. The association plans to build infrastructure that gives businesses greater financial transparency compared to traditional payment rails

VelaFi serves industries including cross-border e-commerce, international trade, fintech and Web3 through enterprise-grade APIs connecting to local rails, bank transfers and stablecoin networks.

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