One Counterparty, One Audit Trail: FinchTrade’s Case Against the C

FinchTrade’s cross-border payments solution removes the chain: one counterparty, one audit trail. The company does this by using stablecoin rails, converting fiat to a digital asset and back, which is what makes same-day settlement possible. “Payment companies don’t lose money on any hop specifically,” said David Huseinzade, CCO at FinchTrade. “They lose it on the number of hops, and each intermediary is an additional place the payment can stall.” In a correspondent banks chain, each intermediary takes its cut, and the originating payment company rarely sees the full breakdown until settlement.

The advertised rate and the real amount end up being different numbers. FinchTrade quotes institutional FX up front, so the client knows the exact amount that will arrive before execution. SWIFT settlement into emerging-market corridors typically runs T+3 to T+7, and when a payment stalls inside the correspondent network, there is often no single party that can say where it is. FinchTrade settles T+0 to T+1, with full per-transaction reporting behind every payment: FX rate, on-chain reference, and bank reference. Every correspondent applies its own compliance screening, multiplying the points where a payment can be held. Consolidating into a single counterparty collapses that to one audit trail per transaction. For a treasury or payments team, the correspondent chain isn’t a one-time problem. It’s a cost, a delay, and compliance exposure repeated at every step. FinchTrade’s case is simple: convert to stablecoin locally, send them everywhere, and convert them into the desired local currency. Thanks! Your comment will be reviewed by our team and published soon. Payments is one of the largest, fastest-moving sectors in global finance. New technologies, new players and new regulations are constantly reshaping the landscape. For senior decision-makers, the challenge isn’t access to information—it’s knowing what actually matters. That’s where Payments Industry Intelligence comes in. Copyright © 2026 Payments Industry Intelligence