Aracore and The Dozen Partner on Stablecoin-Based Cross-Border Payments
Aracore and The Dozen signed a memorandum of understanding on Nov. 06, 2026 to jointly develop a stablecoin-based cross-border payment and settlement service. Aracore, the US subsidiary of blockchain and AI company BPMG, operates an inter-institutional settlement network connecting global financial institutions with stablecoin issuers and payment operators. The Dozen is a Kosdaq-listed fintech that provides digital banking solutions, including firm banking, virtual accounts, and foreign exchange services built on a financial value-added network.
Under the agreement, the two firms will work on integrating their financial APIs and settlement systems. They will also review regulatory compliance requirements covering KYC, anti-money laundering, and transaction monitoring. A proof-of-concept and pilot project are planned to validate feasibility before a live launch.
- Signals growing integration of stablecoin settlement into traditional banking payment flows in APAC
- Could accelerate competition with SWIFT-based correspondent banking for B2B cross-border payments