Grey, a cross-border payments company, has expanded its global business banking suite with the launch of USD-based corporate accounts, bulk payment capabilities, and USDC stablecoin support — all integrated into a single platform.
The new offering enables businesses to send and receive payments across more than 170 countries faster and at lower cost, helping companies better manage international transactions and foreign currency operations.
According to a statement by the company, businesses can now open USD corporate accounts, receive payments from global clients, and execute bulk payouts worldwide within minutes — significantly reducing the friction often associated with cross-border banking.
Citing data from the World Bank, Grey noted that international money transfers typically attract average fees of 6–7 per cent and can take several days to settle. Businesses in emerging markets also face restricted access to foreign currency accounts, unpredictable intermediary charges, and limited exchange rate transparency — all of which constrain growth.
By providing transparent pricing, faster settlements, and integrated USD and USDC capabilities, Grey said it is addressing these longstanding bottlenecks in global payments.
“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.”
Also speaking, Joseph Femi Aghedo, Chief Operating Officer and Co-founder, said delayed payments and unpredictable costs often stall business growth.
“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,” he said.
Founded in Africa in 2020, Grey operates across key markets including the United States, the United Kingdom, Europe, Latin America, and Southeast Asia. The company provides multi-currency accounts, low-cost international transfers, virtual USD cards, expense management tools, and enhanced security features tailored to digital nomads and globally oriented businesses.
Grey holds a Money Service Business licence from FINTRAC in Canada and FinCEN in the United States, reinforcing its regulatory compliance framework as it continues to scale its services globally.
Distributed by APO Group
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