PRESS RELEASEApril 24, 2025

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Legend Trading Expands into Global Payments, Reinforcing Vision for a Borderless Financial Future

Legend Trading, a global leader in institutional crypto trading, today announced its strategic expansion into blockchain-based global payments — a significant milestone in its mission to build a borderless financial infrastructure.

Legend Trading has been selected as one of the first partners for Circle’s Circle Payment Network (CPN), a transformative initiative that bridges blockchain ecosystems with traditional financial systems. In collaboration with Circle, Legend Trading has been accelerating the adoption of USDC across high-growth regions such as Latin America (LATAM) and Asia-Pacific (APAC), giving institutions seamless access to digital dollars while advancing financial inclusion. Building on this momentum, Legend Trading and Circle are working together to reshape global payments by integrating blockchain technology with traditional banking rails.

“At Legend Trading, our vision has always been to remove barriers in global finance and provide frictionless payment solutions powered by the blockchain technology,” said Hao Chen, the CEO of Legend Trading. “By combining the speed, efficiency, and transparency of blockchain networks with the trust, compliance, and stability of regulated digital assets like USDC, we are building the infrastructure to power the future of global money movement.”

Legend Trading believes that Internet + Blockchain + Stablecoins form the core foundation for fast, efficient, and secure cross-border payments. To realize this vision, the company is focused on three strategic pillars:

  1. Delivering a global crypto liquidity network
  2. Building an extensive global banking infrastructure
  3. Creating a seamless global payment framework

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

Strength in Trading, Innovation in Payments

Legend Trading’s OTC business continues to deliver 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:

  • United States: Legend Trading and its affiliates hold multiple Money Transmitter Licenses (MTLs) across key states, reinforcing its status as a secure and compliant digital asset service provider.
  • Europe: In 2024, Legend Trading was approved by the Central Bank of Ireland as a Virtual Asset Service Provider (VASP). In early 2025, it also became one of the first firms to submit a Crypto Asset Service Provider (CASP) application under Europe’s MiCA regulatory framework.
  • Global: Legend Trading is actively pursuing VASP licenses in other key regions, including South Africa, Hong Kong, and Singapore, as part of its strategy to build a globally compliant digital finance ecosystem.

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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