Trust as a Financial Asset: Why SBLCs and Guarantees Are the New Currency of Global Trade 1 Global commerce once relied heavily on relationships and reputation—but modern trade demands structured, enforceable trust. 2 As supply chains expand across jurisdictions and risk environments, trust must be embedded into financial instruments, not left to assumptions. 3 Standby Letters of Credit (SBLCs) convert promises into bank-backed obligations, giving counterparties confidence in long-tenor agreemen