[VelaFi Expands into Japanese Market, Driving Digital Upgrade of Trade Settlement] On October 30, stablecoin cross-border financial infrastructure platform VelaFi announced its official entry into the Japanese market and its participation in the Stablecoin Settlement Association, led by Tokyo-listed company Ikuyo Corporation. Together, they aim to promote the digital upgrade of Japan's trade settlement system. The association will collaborate with financial institutions, exporters, and fintech service providers to build standardized blockchain-based settlement infrastructure, addressing issues such as delays, hidden costs, and lack of transparency in cross-border payments. VelaFi will offer services including T+0 instant settlement, transparent currency exchange, and multi-currency virtual account management. This collaboration marks a significant milestone in VelaFi's global expansion, further strengthening its influence in the Asia-Pacific region.