Grey, a provider of cross-border payments solutions, has announced the addition of USD business accounts, bulk payments and USDC stablecoin support on a single platform.
Cross-border payments remain a major challenge for businesses in Africa and other high-growth regions. The World Bank reports that international transfers typically attract fees of 6–7% of the transaction value. Settlement times on the other hand stretch across several days.
Beyond fees businesses also struggle with limited access to USD-denominated accounts, unpredictable intermediary bank charges, poor exchange rate transparency and cash flow delays that impact operations.
Grey’s expanded offering aims to reduce that friction. Businesses can now open a USD corporate accounts, receive international payments from global clients, make payouts to over 170 countries, process bulk payments in minutes and access USDC stablecoin support for faster, more flexible settlements.
The addition of USDC support reflects the growing institutional interest in regulated stablecoins for cross-border settlements.
“Businesses may operate without borders today, but access to reliable global banking remains uneven, particularly for companies in high-growth markets,” said Idorenyin Obong, Co-founder and Chief Executive Officer of Grey. “We’re closing that gap and enabling businesses to move money faster, with greater transparency and control, wherever their clients or partners are based.”
Joseph Femi Aghedo, Chief Operating Officer and Co-founder of Grey, added that payment delays and unpredictable costs often slow business growth.
“When payments are delayed, or costs are unpredictable, growth stalls. Grey eliminates those friction points, giving businesses a faster, simpler way to manage payroll, supplier payments, and partner payouts across borders. Adding USD and stablecoin capabilities makes these benefits accessible to even more customers.”
