此外， 数据体系的构建为 TradePilot 2.0 提供了坚实支撑 。XTransfer 打造了全流程自主的数据生 产体系，从 采集、清洗、增强等形成闭环 。数据来源涵盖外贸知识库、外贸金融数据、行业公开数 据等，通过多渠道整合构建多模态数据池；清洗环节结合自动化筛选与人工审核，剔除低质量数据； 增强阶段则利用主动学习、数据合成技术扩大规模并优化分布。这套体系确保了数据的独立性、可靠 性与专业性，为模型在复杂外贸场景的精准表现奠定基础。 多模态能力深度强化，场景应用持续拓展 作者 | 冬梅 2024 年 6 月，XTransfer 自研外贸金融大模型 TradePilot 落地，在与 GPT-4 等国内外知名大模型的 外贸金融专业知识测评中，以综合得分第一的成绩获得诸多关注。该模型迅速在智能风控、智能客服 等领域落地应用，不仅进一步保障了 B2B 跨境贸易结算的安全与合规，更切实提升了中小微外贸企 业的运营效率。 时隔一年，XTransfer 在 2025 云栖大会上正式推出 TradePilot 2.0 版本，通过全面升级的技术能力 与强化的多模态特性，为外贸金融行业数智化转型注入新动能。 技术架构全面 ...

Group 1 - The core viewpoint is that B2C cross-border e-commerce payment and B2B foreign trade payment are the two key competitive arenas for non-bank cross-border payment service providers, with a shift towards B2B due to the saturation of the B2C market [1][9] - Non-bank cross-border payment service providers are finding growth opportunities in small B2B foreign trade transactions, particularly as traditional banks focus on larger clients, leaving small foreign trade companies underserved [1][7] - Emerging markets such as Africa and Latin America are attracting a significant number of Chinese foreign trade enterprises, presenting new opportunities for payment service providers [1][2] Group 2 - The reliance of Chinese foreign trade enterprises on the U.S. market is decreasing, with a shift towards Southeast Asia, Africa, and Latin America, as indicated by a drop in the proportion of foreign trade receipts from the U.S. from 22% in 2018 to 8.6% in mid-2025 [2][3] - The XTransfer PMI report highlights that Africa has the highest export PMI, with significant demand for "new three samples" products like lithium batteries and electric vehicles, indicating a diversification of export destinations [3][6] - Small and micro private foreign trade enterprises have become a crucial force, with their export value reaching 9.8 trillion yuan in the first seven months of 2025, showing double-digit growth year-on-year [6] Group 3 - Challenges faced by small foreign trade enterprises include high fees and slow transaction times associated with traditional cross-border payment methods, which are exacerbated by inadequate infrastructure in some markets [7][8] - Many small foreign trade companies are transitioning to non-bank cross-border payment service providers like XTransfer, benefiting from lower fees and faster transaction times [8][9] - The transition from B2C to B2B in cross-border payments presents challenges due to the complexity and lack of standardization in B2B transactions compared to B2C [11][14] Group 4 - Non-bank cross-border payment service providers are focusing on building localized financial networks in emerging markets to facilitate local currency transactions without the need for overseas entities [13][14] - Anti-money laundering and risk control are significant challenges in B2B foreign trade payments, requiring payment service providers to develop robust and independent risk management capabilities [11][14] - The application of big data and AI technologies is enhancing compliance and risk management capabilities for cross-border payment service providers, allowing for better identification and analysis of potential risks [14]

Core Viewpoint - The rise of stablecoins is set to transform the B2B cross-border trade payment landscape, offering faster transaction times and lower fees compared to traditional methods [2][4]. Group 1: Stablecoin Growth and Adoption - Stablecoins are expected to achieve a fourfold increase in application scale within the B2B cross-border trade sector from February 2024 to February 2025 [2]. - BVNK reports that their annual stablecoin payment volume is approximately $15 billion, with half originating from B2B trade transactions [2]. - XTransfer plans to launch stablecoin cross-border payment services for overseas enterprises by 2025, anticipating that stablecoin transactions will account for over one-third of their total payment volume within three years [2]. Group 2: Regulatory Environment and Compliance - The regulatory framework surrounding stablecoins is strengthening, with the U.S. and Hong Kong implementing laws that integrate stablecoins into anti-money laundering (AML) systems [4]. - The ability to manage AML risks will become a core competitive advantage for cross-border payment platforms and financial institutions as stablecoin usage expands [4]. Group 3: Anti-Money Laundering (AML) Strategies - The challenge of reconciling on-chain transactions with off-chain trade data is critical for effective AML compliance in stablecoin B2B payments [4][5]. - XTransfer employs a dual verification mechanism combining on-chain behavior analysis with off-chain trade authenticity verification to enhance AML controls [5]. - AI technology significantly aids in processing complex and fragmented information, improving the efficiency of verifying trade backgrounds [6]. Group 4: Future Trends in Payment Infrastructure - The future of B2B cross-border payments will see all payment companies and banks adopting stablecoins, as they become the new infrastructure for trade settlements [7]. - Dual-currency wallets, allowing businesses to choose between fiat and stablecoin for payments, are expected to become standard in the B2B cross-border trade sector [7]. - XTransfer aims to educate trade enterprises about stablecoin payments to alleviate concerns regarding security and compliance [7]. Group 5: Business Model Innovation - The integration of blockchain and AI in payment systems represents not just a technological upgrade but a fundamental shift in business models for B2B cross-border payments [8]. - The core competency of B2B cross-border payment institutions will shift from merely transferring funds to effectively managing AML risks [8].

Group 1: Core Insights - The rapid rise of stablecoins is expected to transform B2B cross-border trade payments, offering faster transaction times and lower fees compared to traditional methods [1] - Stablecoin applications in global B2B cross-border trade are projected to grow significantly, with a year-on-year increase of 400% from February 2024 to February 2025 [1] - XTransfer plans to launch stablecoin cross-border payment services for overseas enterprises by 2025, anticipating that stablecoin transactions will account for over one-third of total receipts within three years [1] Group 2: Regulatory and Compliance Challenges - As stablecoin usage grows, regulatory frameworks are being strengthened, with the U.S. and Hong Kong implementing anti-money laundering (AML) requirements for stablecoin transactions [2] - The anonymous nature of stablecoins presents challenges for AML compliance, as it complicates the verification of trade backgrounds [2] - Effective collection and analysis of off-chain data related to trade transactions are crucial for addressing AML compliance challenges in stablecoin B2B payments [2] Group 3: Technological Solutions and Innovations - XTransfer is implementing a dual verification mechanism combining on-chain behavior analysis and off-chain trade authenticity verification to enhance AML compliance [3] - The integration of AI technology significantly improves the efficiency of verifying the authenticity of B2B trade backgrounds [4][5] - AI-driven infrastructure allows XTransfer to adapt to the fragmented and high-frequency nature of B2B cross-border trade, ensuring low costs and high accuracy in AML compliance [3] Group 4: Future Trends in Payment Infrastructure - The future of B2B cross-border payments will likely see the emergence of dual-currency wallets that support both fiat and stablecoin transactions [6] - Stablecoins are expected to become a new infrastructure for cross-border trade settlements, although fiat currency will continue to play a significant role [6] - XTransfer aims to educate trade enterprises about stablecoin payments to alleviate concerns regarding security and compliance [6] Group 5: Industry Transformation - Stablecoins are reshaping the B2B cross-border trade payment ecosystem, representing not just a technological upgrade but a shift in business models [7] - The core competitive advantage for B2B payment institutions will increasingly focus on AML compliance rather than merely transferring funds [7] - XTransfer is prepared to lead this transformation, positioning itself as a provider of efficient and compliant cross-border payment infrastructure for small and medium-sized enterprises [7]

Group 1 - XTransfer showcased its industry-leading capabilities and AI risk control services at the Money20/20 Europe event in Amsterdam, gaining significant attention for its efficient and secure cross-border financial solutions [1] - The company has established a global unified B2B trade settlement network in collaboration with major banks, significantly reducing the time for cross-border payments from 1-7 working days to real-time transactions and lowering fees [1] - A milestone cooperation memorandum was signed with BNP Paribas during the event, aimed at providing simplified cross-border payment solutions for European SMEs engaged in international trade [1] Group 2 - XTransfer has obtained an Electronic Money Institution (EMI) license from the Dutch central bank, enabling it to offer local accounts, cross-border settlement, and foreign exchange services to local SMEs in the Netherlands [2] - The company aims to deepen its global strategy from the Netherlands, targeting coverage of 30 countries in the European Economic Area (EEA) and emerging markets in Africa and the Middle East [2] - The CEO emphasized the goal of creating a truly global unified B2B trade settlement network that connects SMEs with banks, ensuring safe, efficient, and low-cost cross-border financial services regardless of company size or location [2] Group 3 - In the B2B cross-border payment sector, slow processes and high costs are significant concerns, while anti-money laundering risk control remains a major challenge [3] - XTransfer utilizes AI technology to enhance risk management, achieving improvements in accuracy, cost, and user experience through digital transformation and cross-validation of structured data [3] - The company can quickly identify and respond to new risk types, with automated processes and advanced technology leading to lower risk control costs compared to traditional banks, enhancing customer experience [3] Group 4 - The application of AI technology is transforming the paradigm of risk management in cross-border payments, with Chinese enterprises providing valuable references for the industry [4]