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For smaller financial institutions, cross-border payments have long depended on correspondent banking relationships. These arrangements provide access to international markets but can also bring high costs, complex compliance requirements, and limited options in some corridors.
Stablecoins and other digital assets offer an alternative settlement route. But moving value on a blockchain is only part of the process. Financial institutions also need ways to identify counterparties, coordinate transactions, manage risk, and meet regulatory obligations.
Cregis, Remi Technology and Bison Bank are bringing together different parts of that infrastructure: digital asset security and management, institutional connectivity, and a regulated banking environment.
Bison Bank, a licensed Portuguese bank, provides the banking foundation. Singapore-based Remi Technology connects institutions and coordinates transaction-related processes, including data exchange, transaction tracking, and reconciliation. Cregis supplies the underlying digital asset security and management infrastructure.
Remi Network is designed to support operational and compliance workflows, including KYC and AML checks, transaction monitoring, and information exchange under the Travel Rule. Cregis, meanwhile, uses technologies including multi-party computation (MPC), hardware security modules (HSMs), and trusted execution environments (TEEs) to help protect digital assets and control how they are accessed and moved.
“Once digital assets enter regulated financial markets, institutions need more than secure ways to hold and transfer assets. They also need to bring those activities within their existing frameworks for access control, risk management, and governance,” said Cregis CEO Shawn Yan.
The distinction matters because institutional settlement involves more than transferring tokens. Transactions must fit within the controls, approval processes, and records that financial institutions already rely on.
In May 2026, Bison Bank launched EUB and USB, euro- and US dollar-linked electronic money tokens for approved institutional clients. The tokens are designed to support digital asset transfers and settlement.
Issuing a token, however, does not by itself establish a functioning institutional payment network. Participants still need processes to exchange transaction information, coordinate settlement, and monitor activity across institutions.
That is where the partners’ respective capabilities come together. Bison Bank brings the regulated banking environment, Remi provides institutional connectivity and transaction coordination, and Cregis supplies the infrastructure for managing digital assets.
“Each partner contributes a distinct part of the infrastructure needed to serve regulated financial institutions,” said Remi CEO Sam Su.
The broader market is beginning to reflect this need. Estimates from McKinsey and Artemis put actual stablecoin payment volume at approximately $390 billion in 2025, including around $226 billion in business-to-business (B2B) payments. While the figures point to growing use beyond trading, wider adoption by financial institutions will depend on whether digital assets can be incorporated into existing payment, settlement, and treasury operations.
Security remains a central part of that equation, but it is not the only consideration. Institutions also need clear approval processes, defined responsibilities, and records that support internal review and external scrutiny. A secure wallet alone cannot provide all of these capabilities.
Cregis has expanded its offering to address some of these requirements. In 2025, it introduced Trust Vault, extending its work into institutional custody and asset governance. The solution supports the storage, management, and use of digital assets, including stablecoins, with capabilities designed to help businesses manage access permissions, approvals, and operational controls.
The partnership with Remi places these capabilities within a wider network connecting financial institutions. It also reflects a broader change in the role of digital asset infrastructure providers: from supplying tools that individual businesses use independently to support the connections and processes through which institutions transact with one another.
That shift does not mean blockchain-based settlement will replace correspondent banking. Established banking relationships serve functions beyond the movement of money, and any alternative must demonstrate that it can meet institutions' operational, regulatory, and risk requirements. Adoption will depend on how well these networks work in practice, which institutions join them, and whether they offer a viable option for the payment corridors they are designed to serve.
The longer-term question is not simply whether digital assets can move across borders. It is whether the institutions involved can build reliable ways to transact with one another around them. Connecting the asset, the bank, and the settlement process is a necessary part of that work.
