Breaking News
Fuse Breaks Dollar Clearing Bottleneck with USD Virtual Accounts for Emerging Markets
Fuse has launched its USD virtual accounts, giving organisations fast and reliable access to emerging markets. Since launch, transaction volumes have grown by more than 100 percent month over month, already more than doubling its AED business.
The platform is designed for scale and lets financial institutions and regulated entities open named, US-domiciled virtual accounts. Clients can clear funds in the name of the virtual account holder in under an hour, giving them true USD capabilities for international use without the need for local incorporation. This level of settlement speed challenges long-held assumptions and exposes a structural gap within the global financial system.
Typical use cases include PSPs and trading platforms enabling cross-border flows, companies managing payroll across multiple emerging markets, enterprises settling high-value transactions, and creator platforms accelerating payouts with greater efficiency.
“The rail itself isn’t the limiting factor,” said George Davis, CEO of Fuse. “The same USD correspondent infrastructure can take minutes for one company and days for another. The difference is compliance. By combining local and global compliance, we unlock speed.”
This launch reflects Fuse’s belief that modern clearing infrastructure for emerging markets must be built from within those markets.
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