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Cryptocurrency News Articles

Legend Trading Connects the Internet, Blockchain, and Stablecoins to Form the Foundation for Fast, Efficient Cross-border Payments

Apr 24, 2025 at 09:14 pm

Legend Trading, a global leader in institutional crypto trading, today announced its strategic expansion into blockchain-based global payments

Legend Trading Connects the Internet, Blockchain, and Stablecoins to Form the Foundation for Fast, Efficient Cross-border Payments

Global institutional crypto trading firm Legend Trading has announced its strategic expansion into blockchain-based global payments.

Selected as one of the first partners for Circle’s Circle Payment Network (CPN), Legend Trading is a leading U.S. compliant cryptocurrency trading firm trusted by nearly 951 institutional clients globally.

Having integrated Legend Pay, the company’s fiat-to-crypto gateway, with leading platforms such as Circle, MetaMask, Deribit, Phemex, BingX, and more than 20 others, the company’s products are used by millions of users to seamlessly convert between fiat and cryptocurrencies.

Together with Circle, Legend Trading has been facilitating the adoption of USDC across high-growth regions such as Latin America (LATAM) and Asia-Pacific (APAC), enabling institutions to easily access digital dollars and promoting financial inclusion.

Now, they are taking this collaboration a step further by combining blockchain technology with traditional banking rails to reshape global payments.

“At Legend Trading, our vision is to remove barriers in global finance and provide frictionless payment solutions powered by the blockchain technology,” said Hao Chen, the CEO of Legend Trading.

“We believe that Internet + Blockchain + Stablecoins form the core foundation for fast, efficient, and secure cross-border payments. To realize this vision, we are focused on three strategic pillars:

* Expanding our global footprint to navigate local regulations and cater to diverse regional needs.

* Deepening our integration with major crypto platforms to provide seamless fiat-to-crypto conversion services for a wider user base.

* Continuously developing innovative payment solutions that combine the speed and transparency of blockchain networks with the stability and trust of traditional financial institutions.”

Together, these pillars support the next generation of borderless finance.

Strength in Trading, Innovation in Payments

Legend Trading’s OTC business provides deep liquidity and highly competitive pricing across major digital assets.

With 951 institutional clients served globally, Legend has earned its reputation as a trusted leader in institutional-grade crypto trading.

Legend Pay, the company’s fiat-to-crypto gateway, has been integrated by leading platforms such as Circle, MetaMask, Deribit, Phemex, BingX, and over 20 others — enabling millions of users to seamlessly convert between fiat and cryptocurrencies.

Rapidly Expanding Global Regulatory Footprint

As part of its mission to build a compliant and open financial infrastructure, Legend Trading Group is rapidly expanding its global regulatory footprint:

* U.S. subsidiary, Legend Global Markets LLC, is registered with the National Futures Association (NFA) as a Futures Commission Merchant (FCM).

* Canadian subsidiary, Legend Trading Canada, is registered with the Investment Industry Regulatory Organization of Canada (IIROC) and holds multiple licenses, including Derivatives, Securities, and Mutual Funds.

* European subsidiary, Legend Trading EU, is in the process of applying for relevant licenses in an EU country to provide financial services within the European Economic Area (EEA).

* In Southeast Asia, Legend Trading is applying for relevant licenses in a Southeast Asian country to offer financial services and expand its footprint in the region.

Legend Trading is at the forefront of evolving the payments industry, leveraging blockchain technology, stablecoins, and a growing global network to build the financial infrastructure of the future.

About Legend Trading

Legend Trading is a leading U.S. compliant cryptocurrency trading firm trusted by nearly 1,000 institutional clients worldwide. The company offers high-quality trading services with a strong emphasis on asset custody security, regulatory compliance, robust IT infrastructure, and settlement efficiency.

Legend Pay, Legend Trading’s payment division, provides seamless fiat-to-crypto gateways and financial solutions for major crypto platforms.

At the heart of Legend Trading’s vision is a mission to build a Borderless Financial Infrastructure, making global finance open and accessible to everyone. By combining trading, payments, and compliance into one integrated platform, Legend Trading empowers individuals and businesses to thrive in an increasingly connected financial world.

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