The collaboration between Levl and XBD Group is designed to improve global cross-border payments, making them faster, more affordable, and easily scalable.
XBD Group, a provider of digital asset payment solutions, has formed a strategic partnership with Levl, a unified platform for fiat, stablecoin, and crypto payment processing. The collaboration is addressing key challenges in global cross-border payments, such as slow settlement, high costs, limited market access, and operational inefficiencies.
Levl particularly focuses on facilitating remittances to emerging economies. The company aims to democratize access to financial services by offering better rates compared to traditional cross-border transfers.
By integrating Levl’s local payment rails in Asia, XBD Group can now offer instant settlements, 1:1 USDC to USD conversion, and enhanced operational efficiency for OTC and FX transactions. The partnership also introduces competitive corridor pricing and AED merchant account services, allowing both companies to deepen liquidity pools, broaden trading capabilities, and offer clients faster, more flexible, and more secure cross-border transactions.
The collaboration focuses on reducing friction and costs for clients, improving settlement reliability, and providing access to new corridors and markets. By combining Levl’s API-first technology, stablecoin infrastructure, and merchant crypto solutions with XBD Group’s liquidity networks and market access, the partnership enables clients to achieve faster, more efficient, and competitively priced cross-border payments, while maintaining stringent compliance standards.
XBD-Levl partnership has a specific focus on Asia – a region with rapidly growing digital economies, including e-commerce, remittances, and cross-border trade, which create strong demand for fast, efficient, and reliable payment solutions.
Despite a strong demand and growing international commerce, Many Asian markets rely on local payment rails, so that the regional infrastructure remains fragmented. To navigate these diverse systems efficiently, Levl and XBD employ stablecoins pegged to the value of USD along with local payment infrastructure. In this conversion scheme, a single on-chain transfer can replace multiple slow correspondent-bank steps and middlemen used in traditional rails.
