Fuse Launches USD Virtual Accounts for Faster Emerging Market Clearing
Dubai-based infrastructure provider Fuse has launched USD virtual accounts designed to give financial institutions and regulated entities faster access to dollar clearing for emerging markets.
The platform enables organisations to open named, US-domiciled virtual accounts and clear funds in under an hour without requiring local US incorporation. Since launch, transaction volumes have grown by more than 100 percent month-over-month, with the company reporting that USD volumes have already more than doubled its existing AED business.
Clearing Speed
Fuse's offering targets a structural gap in cross-border payments where settlement times can vary dramatically depending on compliance infrastructure. The platform combines local and global compliance capabilities to accelerate clearing through existing USD correspondent networks.
"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."
Target Use Cases
The service is designed for payment service providers and trading platforms enabling cross-border flows, companies managing payroll across multiple emerging markets, enterprises settling high-value transactions, and creator platforms seeking faster payout capabilities.
Fuse builds clearing infrastructure for emerging markets, combining global-grade payment rails with local compliance expertise to serve financial institutions and regulated enterprises operating across borders.
To find out more, visit: fuse.finance