Case Study: SEB Bankas enables USDT payouts and collections in Lithuania with TransFi

SEB Bankas enables USDT settlements in minutes with TransFi

SEB Bankas, a major Lithuanian bank, required a solution to integrate stablecoin payments and collections into its financial flows while ensuring compliance with local and EU regulations. They partnered with TransFi to leverage its platform for handling USDT payouts and collections, converting these to euros, and facilitating settlements into their local bank accounts.

TransFi implemented a solution where USDT transactions are processed through compliant crypto gateways and exchange partners, with converted euros settled via SEPA or local rails into SEB Bankas's accounts. This provided the bank with faster cross-border transfers, lower costs compared to traditional wires, and a seamless integration with the existing local banking ecosystem, all while maintaining regulatory compliance.

SEB Bankas